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Deutsche Bank and Commerzbank : Minister of Finance Scholz will explain about merger plans

The Green call for an investigation by Finance Minister Olaf Scholz (SPD) over his plans for a merger of Deutsche Bank and Commerzbank. "It's not that the Min

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Deutsche Bank and Commerzbank : Minister of Finance Scholz will explain about merger plans

The Green call for an investigation by Finance Minister Olaf Scholz (SPD) over his plans for a merger of Deutsche Bank and Commerzbank. "It's not that the Minister of Finance in the zimmert the back room of a large German Bank, and the legislature is passed over this brazenly," said the budget policy spokesman of the Greens, Sven-Christian Kindler, the daily mirror. He asked Scholz, "to explain to the budget Committee his plans immediately".

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in Principle, the Green are the projects skeptical. They fear that a result of the merger of a major Bank will be forged, which will in case of doubt a risk for the taxpayer. "The lesson from the crisis is that the mega banks that are too-big-to-fail, can be a bottomless pit for the state budget." said Kindler. The Federal government is involved in the Commerzbank with around 15 per cent.

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