April 10, 2019 / 12:14 PM / 2 months ago

Result of Deutsche-Commerzbank merger talks is open, says Merkel

BERLIN, April 10 (Reuters) - The result of merger talks between Deutsche Bank and Commerzbank is open, Chancellor Angela Merkel said on Wednesday, adding that the government should not meddle in the negotiations.

"The result is open," Merkel said of the talks. "It is not our job to intervene with judgments before the talks have been completed," she added during a question and answer session with German lawmakers.

Asked about the risk to taxpayers of any merger, she said: "Banks are subject to a European supervision regime, we have German financial market monitoring and everything that happens with mergers will take very good account of systemic risks." (Writing by Paul Carrel Editing by Madeline Chambers)

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