U.S. Markets open in 3 hrs 23 mins

German finance ministry - No comment on possible merger of Deutsche Bank, Commerzbank

BERLIN (Reuters) - A spokeswoman for the German Finance Ministry on Monday declined to comment on "speculation" about a possible merger of Deutsche Bank (DBKGn.DE) and Commerzbank (CBKG.DE).

Germany's Focus magazine reported on Saturday that the German government is ready to orchestrate a merger between Deutsche Bank and Commerzbank to ensure that Europe's largest economy has at least one lender capable of backing its companies abroad.


(Reporting by Gernot Heller; Writing by Michelle Martin; Editing by Riham Alkoussaa)