09:12 AM EDT, 09/16/2024 (MT Newswires) -- (Updates with Commerzbank's response to a request for comment in the third paragraph.)

Deutsche Bank AG ( DB ) is looking into how it can hamper UniCredit SpA's ability to purchase Commerzbank AG, Bloomberg reported Monday, citing people with knowledge of the matter.

Chief Executive Christian Sewing and his staff have been mulling options and have considered buying part or all of the German government's 12% stake in Commerzbank, the people reportedly told Bloomberg. Deutsche Bank ( DB ) may also end up doing nothing, Bloomberg reported, citing the people.

Commerzbank declined to comment to MT Newswires.

Deutsche Bank ( DB ) and UniCredit did not immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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