March 20, 2019 / 5:22 PM / 3 months ago

Deutsche Bank-Commerzbank merger could benefit France - minister

FILE PHOTO: French Economy Minister Bruno Le Maire arrives for an event at the Louvre Carrousel in Paris, February 20, 2019. Ludovic Marin/Pool via REUTERS/File Photo

PARIS (Reuters) - The proposed merger of German lenders Deutsche Bank and Commerzbank could indirectly serve French financial interests, Finance Minister Bruno Le Maire said on Wednesday.

“Obviously it’s up to the European competition authority to ensure that this operation does not pose any problems,” Le Maire told the French Senate’s European affairs commission.

“There could be measures that are requested as part of this merger that could serve French financial interests. That will need to be carefully watched,” he added, without elaborating.

Reporting by Leigh Thomas; editing by Michel Rose

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