June 7, 2018 / 8:29 PM / 4 months ago

Deutsche Bank says chairman sees no need to bring up Commerzbank deal

FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) on Thursday said its chairman is constantly asked about the potential for a tie-up with peer Commerzbank CBKGn.DE but downplayed the idea that a deal could materialise in the short-term.

Deutsche Bank's Supervisory Board Chairman Paul Achleitner gestures as he addresses the audience during the bank's annual meeting in Frankfurt, Germany, May 24, 2018. REUTERS/Kai Pfaffenbach

The remarks came in response to a report by Bloomberg, saying Deutsche Bank Supervisory Board Chairman Paul Achleitner had consulted top shareholders and German government officials about a Commerzbank deal.

“The Chairman of Deutsche Bank is asked constantly about this matter. His answer is always the same: ‘All the pro and contra arguments can be read in analyst reports and the media’,” a spokesman for the bank said in written comments.

“He sees no reason to actively raise this issue.”

Reporting by Andreas Framke; Writing by Edward Taylor; Editing by Christoph Steitz

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below