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No one on Deutsche Bank board pushing for Commerzbank tie-up: union

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Reuters BERLIN
Last Updated : Jan 25 2019 | 4:45 PM IST

BERLIN (Reuters) - No one on the supervisory board of Deutsche Bank is pushing for a near-term merger with rival Commerzbank, a Deutsche board member said.

"At the moment conditions are definitely not ripe," said Frank Bsirske, a member of Deutsche Bank's supervisory board member and chairman of Germany's Verdi trade union.

"And for that reason it is currently not a topic either," he told journalists in Berlin on Thursday evening.

(Reporting by Holger Hansen; writing by Tom Sims; editing by Thomas Seythal)

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First Published: Jan 25 2019 | 4:31 PM IST

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