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Schulz told reporters when he was asked what the media said about the merger negotiations "There are discussions about the situation".
Reuters and other news agencies, citing unnamed sources this weekend, said the company's general manager Deutsche Bank Christian Swing agreed to hold preliminary talks with Commerzbank Competitor.
Berlin, concerned by the sound financial situation of Deutsche Bank, insists that the fusion, Where the bank struggles to generate sustainable profits since the crisis in 2008.
But two major shareholders of Deutsche Bank have doubts about the merger in terms of ability to generate sustainable profits, according to informed sources.
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"There are discussions about the situation," Schulz told reporters after a press conference on the merger talks."He said.
Reuters and other news agencies, citing unnamed sources, said Deutsche Bank chief Christian Swing had agreed to hold preliminary talks with his rival, Comtersbank..
Berlin, concerned by the soundness of Deutsche Bank's financial situation, is pushing for integration, while the bank has been striving for sustainable profits since the crisis in 2008..
But two major shareholders of Deutsche Bank have doubts about the merger in terms of ability to generate sustainable profits, according to informed sources.
