Merkel hopes temporary problems at Deutsche Bank can be solved
A logo of a branch of Germany's Deutsche Bank is seen in Cologne, Germany, July 18, 2016. REUTERS/Wolfgang Rattay/File Photo
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.
BERLIN (Reuters) - German Chancellor Angela Merkel expressed hope on Tuesday that problems at Deutsche Bank
Asked during a news conference if Berlin was concerned about Deutsche Bank and was considering assistance for the lender, Merkel said: "I only want to say that Deutsche Bank is a part of the German banking and financial sector. And of course we hope that all companies, also if they face temporary problems, can develop in the right direction."
"I don't want to comment beyond that," she added.
Deutsche Bank said on Monday it had no need for German government help.
(Reporting by Michael Nienaber; Editing by Joseph Nasr)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- UPDATE: Deutsche Bank (DB) Said to Weigh Alternatives to Cash Bonus Payments - Bloomberg
- lululemon athletica (LULU) October weekly calls expiring Friday active
- Deutsche Asset Management expands currency-hedged international fixed income ETFs suite
Create E-mail Alert Related CategoriesForex, Reuters, Trader Talk
Related EntitiesDeutsche Bank
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!