The owners of Landesbank Baden-Wurttemberg (LBBW) have according to a report of the "Stuttgarter Nachrichten" (Friday) to a billion-dollar financial injection for the bank agreed. Like the tide, relying on government circles reported that the makers agreed after tagelangem rings on Thursday evening on a three rescue package. Consequently, the state of Baden-Wuerttemberg, savings banks and the city of Stuttgart according to their shares of five billion euros raise fresh capital. In addition, LBBW will be 20 billion euros guarantees from the umbrella of the Confederation rescue request hot it further.In addition, the Board LBBW the newspaper report says the mission in official merger talks with BayernLB practices. The final decision the owners wanted in the Assembly and the carrier board meeting Friday, meet.
According to "Stuttgarter Nachrichten" make the savings their consent to harsh conditions. LBBW so should the risk capital market business radically back, and her daughter, BW Bank Sparkassen should no longer compete. It also threatens the LBBW chief Siegfried Jaschinski in the capital to halve his salary. "The executive salaries must be maintained until further notice at 500,000 euros per year," said Nils Schmid, SPD finance expert and member of the Board LBBW, the leaf. Jaschinski currently earn around one million euros per year.
According to "Stuttgarter Nachrichten" make the savings their consent to harsh conditions. LBBW so should the risk capital market business radically back, and her daughter, BW Bank Sparkassen should no longer compete. It also threatens the LBBW chief Siegfried Jaschinski in the capital to halve his salary. "The executive salaries must be maintained until further notice at 500,000 euros per year," said Nils Schmid, SPD finance expert and member of the Board LBBW, the leaf. Jaschinski currently earn around one million euros per year.
No comments:
Post a Comment