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C - Citigroup in Germany
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DeMerchant
Tuesday, June 19, 2007, 6:16:16am Quote Report to Moderator

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MUNICH (Reuters) - Citigroup (C.N: Quote, Profile, Research) flagged its interest in buying a bank in Germany on Tuesday but played down recent talk that it was about to swoop on Commerzbank (CBKG.DE: Quote, Profile, Research).

"We are not in any talks at all with Commerzbank," Sue Harnett, Citi's Germany head, said on the sidelines of a press conference, throwing cold water on recent rumors that Citi had prepared a bid for the bank.

Citibank is interested in all banks in Germany that would be for sale, Hartnett said.

http://www.reuters.com/article/businessNews/idUSFAB01296720070619?feedType=RSS


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