Bloomberg News

German Ministry Denis Report on Commerzbank State Aid Talks

December 12, 2011

Dec. 12 (Bloomberg) -- Germany’s Finance Ministry denied a Reuters report that it’s in talks with Commerzbank AG to offer state assistance, saying that communication between the government and the bank doesn’t go beyond “exchange of information.”

“As a stakeholder in Commerzbank the government is in regular contact,” the ministry said in an e-mailed statement. It also referred to Commerzbank Chief Financial Officer Eric Strutz’s comment last week that the Frankfurt-based bank doesn’t plan to take state assistance.

To contact the editor responsible for this story: Patrick Donahue at pdonahue1@bloomberg.net


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