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Qatar has no say in who runs Deutsche: foreign minister

News Service
15:28 - 11/04/2019 Thursday
Update: 15:30 - 11/04/2019 Thursday
REUTERS
FILE PHOTO: The financial district with the headquarters of Germany's largest business bank, Deutsche Bank , is photographed on early evening in Frankfurt, Germany, January 29, 2019. REUTERS/Kai Pfaffenbach/File Photo
FILE PHOTO: The financial district with the headquarters of Germany's largest business bank, Deutsche Bank , is photographed on early evening in Frankfurt, Germany, January 29, 2019. REUTERS/Kai Pfaffenbach/File Photo

Qatar has no direct say in who runs Deutsche Bank, the country's foreign minister said when he was asked on Thursday for Doha's view on merger talks between Deutsche Bank and fellow German lender Commerzbank .

Some 6.1 of the shares in Germany's troubled lender are owned by two members of Qatar's wealthy royal family, and the country's sovereign wealth fund has also previously considered building a stake.

"Qatar invests in many areas in Germany," said foreign minister Mohammed bin Abdulrahman al-Thani at a press conference after talks with his German counterpart. "The question of who runs this or that institution is not a matter for Qatar directly or which Qatar decides upon."

#Mohammed bin Abdulrahman al-Thani
#Qatar
#Deutsche Bank
5 years ago