According to Thompson Financial, the publication said that this could lead to a merger between the two German state-owned banks Landesbank Baden-Wuerttemberg (LBBW) and Bayern Landesbank (BayernLB).

In addition, Sueddeutsche Zeitung is reported to have said that the heads of the two states also discussed the possibility of the consolidation of BayernLB, LBBW and WestLB, which is based in North Rhine-Westphalia.

Bavaria may even consider just mergering its bank with WestLB, the newspaper reportedly stated.