Two of Germanyâs biggest public sector banks are discussing a merger that would mark a breakthrough in long-standing attempts to consolidate the troubled Landesbanken sector. BayernLB and WestLB said on Monday that they would assess this year whether to join forces to create Germanyâs third-biggest bank by assets. http://www.ft.com/cms/s/0/4cb3aba8-c4bf-11df-bc11-00144feab49a.html Hopefully, there is finally some consolidation in the Landesbanken sector !
Yes, consolidation in the Landesbanken sector is what we have all been waiting for. I for one have been unable to sleep these last few months due to this uncertainty in the Landesbanken sector.