It will positively damage the structure of our banking system - a structure that gave us stability during the financial crisis. You may well all be familiar with the allegation that the purpose of the new regulatory regime is to encourage more and more consolidation in the industry - including Germany's banking industry.
Of course, mergers among banks and savings banks must not be a taboo topic - but, by the same token, they must not be a regulatory objective, either. I admit to being a fan and proponent of diversity in terms of bank size and business model, as this makes our banking system more stable.