Savings Banks – For the time being no central institute – Economy

Sparkasse President Helmut Schleweis has canceled a merger between Landesbank Helaba and fund provider Deka for the time being. “You can only have successful talks if there is the necessary will of all owners who have to agree,” he said Handelsblatt. He does not waste management capacities on something “which necessary parts of the owners expressly do not want.” As President of the Sparkassen- und Topverband DSGV, Schleweis has been promoting a leading Sparkasse institute for years, but has met with resistance. On a HandelsblattAt the conference, he added on Wednesday: “The Central Institute will come when the time is right.” When that could be the case, he left it open.


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