Deutsche Bank: again subject to sector concentration rumours
(CercleFinance.com) - The German economic daily Handelsblatt has also made comments on a potential concentration in the banking sector in Germany.
According to the business daily, the federal government has approached the national financial regulator, BaFin, on the matter.
We need a world-class sustainable and competitive financial sector, said Olaf Scholz, vice-chancellor and finance minister of Merkel's government, quoted by Handelsblatt.
In recent months, press reports regularly mention a possible merger between Deutsche Bank and Commerzbank, amongst other banks.
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