Scholz: no bad bank for Deutschmerz, NordLB rescue not state aid

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Cookies Settings
FIG
FIG People and Markets

Scholz: no bad bank for Deutschmerz, NordLB rescue not state aid

Jasper Cox
February 08, 2019 01:30 pm
Scholz_PA_230x150
Hamburgs First Mayor Olaf Scholz, photographed during an interview with dpa at the city hall in Hamburg, Germany, 25 July 2016. PHOTO: DANIEL REINHARDT/dpa | Daniel Reinhardt/DPA/PA Images

Olaf Scholz, finance minister and vice-chancellor for Germany, said that there was 'no debate' about the creation of a bad bank in a prospective merger between Deutsche Bank and Commerzbank. He also does not believe that the recapitalisation of NordLB by the association of German savings banks would contravene EU state aid rules.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

RegulationDeutsche BankCommerzbankFIG People and MarketsEuropeEMEANordLBFIGPeople and MarketsBank Strategy
JC
Jasper Cox
Gift this article