Buba against foreign takeovers of German banks

The Bundesbank spoke out against foreign takeovers of the country's biggest banks and said that Germany needs at least one big bank to protect its economic interests, a newspaper reported on Wednesday 24 March.

According to a report in the Financial Times Deutschland Bundesbank board member Edgar Meister said: "For an important economy like Germany it is an asset to have at least one big German bank."

He said that a strong German banking sector would protect future financing of the country's

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account