KfW would provide Deutschmerz exit for German gov

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By Burhan Khadbai
18 Mar 2019

KfW, the German state-owned development bank, could be used to support the merged entity of Deutsche Bank and Commerzbank by taking on the government's stake in the latter.

The German government is considering transferring its 15% ownership of Commerzbank to KfW, according to German newspaper Die Welt. In the case of a merger between Commerzbank and Deutsche Bank, the development bank could then increase its stake in the bank if it needs a capital increase.

“While it ...

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