Commerzbank Considering Eurohypo Split, Die Welt Says

(Corrects name of newspaper in headline.)

Commerzbank AG is considering splitting up its Eurohypo unit to separate the real estate business from public finance, Die Welt reported ahead of publication tomorrow, citing unidentified people on the supervisory board.

The board discussed keeping only core activities within Eurohypo in the hope that the European Union would accept a smaller Eurohypo if a sale is not feasible due to current market conditions, the newspaper said.

Commerzbank still has orders from the EU to sell the unit, an unidentified spokesperson told the newspaper.

To contact the reporter on this story: Allison Connolly in Frankfurt at

To contact the editor responsible for this story: Phil Serafino at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.