If Merkel Wants to Help Deutsche Bank, She Has Few Options: Q&A
- CEO Cryan says accepting state support is out of the question
- EU law limits what governments can do to help viable lenders
Will Merkel Step in and Save Deutsche Bank?
This article is for subscribers only.
Investors in Deutsche Bank AG are looking to Berlin for an indication of what, if anything, German Chancellor Angela Merkel will do to shore up the lender whose shares have plummeted more than 50 percent this year.
The prospect of bailing out Deutsche Bank is politically noxious for Merkel, who’s deciding whether to seek a fourth term in an election next year. After a magazine article stirred speculation, Merkel’s spokesman said the government sees “no grounds” for talk of state funding for the bank as the U.S. seeks a multibillion-dollar fine.