The merger plans are in the most Stuttgart controversial council
Like many regional banks at the end of the financial crisis survive? The merger carousel is only just got underway. Whether and how the aufspringt LBBW Stuttgart, is still entirely unclear.
ANDREAS BÖHME AND DPA
Prime Minister Guenter Oettinger (left) and LBBW chief Siegfried Jaschinski want with the Bayern LB negotiate on a merger. Photo: AP
The Stuttgart once Bärenstarke Landesbank Baden-Wurttemberg (LBBW) is soft like a teddy bear. EUR 800 million losses are already safe until the end of the year should be even more. And since 2007, the bank currently poorly rated bonds accumulated losses, currently with 2.5 billion in the books. Still, LBBW is better than the competition, even though they already Landesbank Rheinland-Palatinate and still has very serious chews on the legacy that they deal with the rash of takeover SachsenLB into the house fetched.
Similarly skeptical of the owners see a possible further merger with Bayern LB, yet a year ago was a dream partner, but then graced. And Prime Minister Guenther Oettinger goes even further and also wants talks on parts of the West LB lead. This large public law "Südbank" but is highly controversial, especially in the Landtag. CDU leader Stefan Mappus the increase in equity capital from the country's forces would otherwise full of bears, warned yesterday: "We should first do our homework before we go to bridal show."
Like many regional banks at the end of the financial crisis survive? The merger carousel is only just got underway. Whether and how the aufspringt LBBW Stuttgart, is still entirely unclear.
ANDREAS BÖHME AND DPA
Prime Minister Guenter Oettinger (left) and LBBW chief Siegfried Jaschinski want with the Bayern LB negotiate on a merger. Photo: AP
The Stuttgart once Bärenstarke Landesbank Baden-Wurttemberg (LBBW) is soft like a teddy bear. EUR 800 million losses are already safe until the end of the year should be even more. And since 2007, the bank currently poorly rated bonds accumulated losses, currently with 2.5 billion in the books. Still, LBBW is better than the competition, even though they already Landesbank Rheinland-Palatinate and still has very serious chews on the legacy that they deal with the rash of takeover SachsenLB into the house fetched.
Similarly skeptical of the owners see a possible further merger with Bayern LB, yet a year ago was a dream partner, but then graced. And Prime Minister Guenther Oettinger goes even further and also wants talks on parts of the West LB lead. This large public law "Südbank" but is highly controversial, especially in the Landtag. CDU leader Stefan Mappus the increase in equity capital from the country's forces would otherwise full of bears, warned yesterday: "We should first do our homework before we go to bridal show."
No comments:
Post a Comment