BERLIN, Feb 14 (Reuters) - A German steering committee on troubled lender WestLB [WDLG.UL] failed on Sunday to reach an agreement on a restructuring model for the bank, a source who participated in the meeting told Reuters.
“There is still no solution. Further talks are necessary,” the source said on Monday.
He added that a breakup of WestLB remained an option, with large parts of the bank’s assets wound down.
Reporting by Gernot Heller; Writing by Noah Barkin