Bloomberg News

NordLB’s Dunkel Sees no Landesbank Mergers, Handelsblatt Says

June 10, 2012

Germany’s state-owned lenders, the so-called Landesbanken, are unlikely to merge, Handelsblatt reported, citing Gunter Dunkel, the head of Norddeutsche Landesbank Girozentrale.

There are “no valid merger scenarios” at the moment, the newspaper cited him as saying in a preview of an article to be published tomorrow.

Stefan Nicola in Berlin at +49-30-70010-6246 or snicola2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net


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