Govt should not meddle in Deutsche Bank merger talks, results open: Merkel

Govt should not meddle in Deutsche Bank merger talks, results open: Merkel
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  • Germany

The result of merger talks between Deutsche Bank and Commerzbank is open, Chancellor Angela Merkel said on Wednesday, adding that the government should not meddle in the negotiations.

"The result is open," Merkel said of the talks. "It is not our job to intervene with judgments before the talks have been completed," she added during a question and answer session with German lawmakers.

Asked about the risk to taxpayers of any merger, she said: "Banks are subject to a European supervision regime, we have German financial market monitoring and everything that happens with mergers will take very good account of systemic risks."

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