Finance Minister Olaf Scholz addresses a news conference to present the budget plans for 2019 and the upcoming years in Berlin, Germany March 20, 2019. REUTERS/Fabrizio Bensch
BERLIN - German Finance Minister Olaf Scholz said on Wednesday that he had not made any provisions for costs related to a possible merger of Deutsche Bank and Commerzbank in his budget plans. He said the German government would keep itself informed about the merger talks but any decision would need to be taken by the banks themselves. He reiterated that Germany needed a strong banking sector.
He didn't like it, but he had to go along with it
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Deutsche Bank set to announce merger talks with Commerzbank: sourceDeutsche Bank was set on Sunday to confirm merger talks with fellow German lende... Poor Commerzbank. I hope they know how to reign in Deutche's shenanigans. Germany is attempting to merge two of its largest banks to address their troubles. If the UK is to stay in the EU beyond the 29th, it should block this merger on the basis that it is not evident it solves the problems; instead creates a bigger problem. Brexit ECB NYSE
Source: Reuters - 🏆 2. / 97 Read more »
Explainer: Why Germany wants a merger to underpin Deutsche BankThe German government has pressured Deutsche Bank into merger talks with state-b... johnodonnell21 Let me guess--it's so they survive after being held accountable for all of their chicanery with Russia, Trump, et. al.? johnodonnell21 China is a biggest supporter of terrorists,as he blocks again move to designate masood azhar the killing machine as global terrorist 4th time,time has come world must recognise this terror monger and designate china a terror state
Source: Reuters - 🏆 2. / 97 Read more »
Deutsche Bank and Commerzbank Enter Formal Merger TalksDeutsche Bank and German rival Commerzbank announce formal merger talks. The planned announcement signals that discussions between the two banks that already had started informally are entering a new phase. .I. abilerim ablalarım💙😎 Better to launder money together. Brexit
Source: WSJ - 🏆 98. / 63 Read more »
German lawmakers challenge deputy finance minister's Goldman link in bank mergerGerman lawmakers on Monday criticized deputy finance minister Joerg Kukies and G... Scholz SPD has the main bank connection
Source: Reuters - 🏆 2. / 97 Read more »