banking

By Guillermo Parra-Bernal SAO PAULO, April 20 (Reuters) – Shareholders in Sete Brasil Participações SA voted on Wednesday to allow the ailing rig

FRANKFURT, April 7 (Reuters) – NordLB expects lower earnings this year partly as a result of the German public sector bank’s efforts to cut its

CARACAS, March 1 (Reuters) – A World Bank tribunal partially lifted a stay of enforcement on a compensation claim payable by Venezuela to oil service

FRANKFURT, Feb 22 (Reuters) – German bank NordLB and two partners have formed a joint venture that will specialise in advising on the restructuring of

  By Pamela Barbaglia and Jonathan Saul LONDON, Aug 5 (Reuters) – Distressed debt investors are looking to buy shipping loans from Italian banks,

HSH Nordbank AG, the German lender suffering from bad shipping loans, said it’s seeking to cut “substantial legacy assets” to help return to a healthy

Joh. Berenberg Gossler & Co. KG will boost lending to the maritime industry by as much as 1 billion euros ($1.1 billion) through a new shipping fund for

By Jonathan Saul LONDON, April 3 (Reuters) – Global private equity firm KKR has bought $150 million worth of shipping loans from two European banks amid

Does anyone remember the financial crisis of 2008? Politicians, bankers and corporate executives were playing down the potential of a financial crisis before

By Arno Schuetze and Andreas Kröner FRANKFURT, Jan 30 (Reuters) – As the European Central Bank prepares to test the resilience of the region’s

After a five-year slump in shipping, investors are betting on better times by taking over shipowners' debts from European banks keen to offload troubled loans

HSH Nordbank AG, the world’s largest shipping lender, said new loans to businesses surged about 30 percent this year, after Moody’s Investors

Germany’s top shipping lenders, including Commerzbank AG and HSH Nordbank AG, face rising credit default risks next year as banks come under increasing

Norwegian bank DNB has sold some of the debt it held against distressed shipping firm Genco Shipping and Trading Ltd, a bank spokesman said on

A group of Norwegian investors and Henning Oldendorff, chairman of the largest charterer of dry- bulk vessels, are forming a shipping bank that will start next

Sept. 23 (Bloomberg) — Shipping lenders are tightening rules on who their clients can trade with after the industry’s worst rout in at least 23

Sept. 20 (Bloomberg) — Nordea Bank AB, Scandinavia’s biggest lender, said the shipping industry will next year begin to recover from its worst

It was reported on gCaptain last week, DNB ASA and Nordea Bank AB, two of the world’s largest shipping lenders, are seeing signs of an end to the

July 25 (Bloomberg) — Nordea Bank AB and DNB ASA, two of the world’s largest shipping lenders, are seeing signs of an end to the maritime

Commerzbank on Wednesday sought to reassure investors that it is not selling assets in a value destructive manner in response to market speculation about a