Speaking after merger talks between the two banks ended in failure, BdB president Hans-Walter Peters said the banks had given good and justifiable reasons for their decision and added that this step should be respected.

"A merger would not make commercial sense in the current situation," Peters said. "The decision doesn't have a direct impact on customers and companies."

(Reporting by Christian Kraemer; Writing by Michelle Martin; Editing by Riham Alkousaa)

Stocks treated in this article : Commerzbank AG, Deutsche Bank AG