Commerzbank on Thursday unveiled a deal to expedite ... Commerzbank, which gets a discount of almost €4.7bn ... Commerzbank no longer needs shareholder approval for finalizing ... Meanwhile, Bavarian Prime Minister Horst Seehofer on Friday...
Landesbank Baden-Württemberg on Friday proposed “concrete merger talks” ... The potential deal could create one of the ... The move came after LBBW said that it...
Government-controlled German lender WestLB has become the latest ... Separately, Swedbank said it will take part in ... The bank said its board would "shortly" hold...
ING, the Dutch financial services group, has accepted ... The deal, which could leave the state with ... The bank also is entitled to converting all ... While ING is allowed to restore dividends from ... Meanwhile, BayernLB, the state-owned German regional bank, is ... Wouter Bos, the Dutch finance minister, said the...
Just days after governments around the world passed ... The Netherlands agreed to inject €10bn ($13.4bn) into ... Meanwhile, German chancellor Angela Merkel's cabinet is expected ... South Korea on Sunday took its biggest steps ... In Washington, President George W. Bush said the...
The Dutch government on Sunday said declared a ... Under the terms of the deal, the government ... Bos said that one condition of the transaction ... Meanwhile, Fubon Financial, Taiwan's second-largest financial holding firm ... Separately, BayernLB, the state-owned German regional bank, is...
WestLB, the Düsseldorf-based bank, has expressed its interest ... A spokesman for WestLB in London confirmed the ... IKB, which is 43.4% owned by KfW, Germany's ... Both WestLB and BayernLB are in recovery mode ... WestLB last week reported €2.01bn in writedowns for ... The writedowns have greatly weakened Landesbanks, which are...
BayernLB on Thursday revealed writedowns of €4.3bn ($6.7bn) ... Meanwhile, Co-op Bank has revealed that it has ... BayernLB revealed €2.3bn of writedowns for 2007, €400m ... Losses on a €24bn portfolio of asset-backed securities ... The bank has lost half the £63m it...
BayernLB on Thursday revealed writedowns of €4.3bn ($6.7bn) ... BayernLB revealed €2.3bn of writedowns for 2007, €400m ... Losses on a €24bn portfolio of asset-backed securities...
The five largest Landesbanken in Germany have total ... Chairman of the board of managing directors: Siegfried ... Ownership: State of Baden-Württemberg 35.6%; Savings Bank Association ... The largest of the Landesbanken, Landesbank Baden-Württemberg LBBW, ... It took over Landesbank Rheinland-Pfalz, the Mainz-based lender...
The owners of BayernLB, the German state bank ... The planned talks have reignited market speculation in ... BayernLB is 50% owned by the German state ... The association, which yesterday confirmed it would meet ... Erwin Huber, Bavaria's finance minister and head of ... The Bavarian finance ministry did not return calls...