banking

By Nicholas Brautlecht (Bloomberg) — The call of the Caribbean is proving irresistible for Germany’s KfW IPEX, the development bank that funds the

By Jonathan Saul and Andrew MacAskill LONDON, July 11 (Reuters) – Royal Bank of Scotland is facing setbacks over a proposed sale of its Greek ship

By Jonathan Saul, Sophie Sassard and Andrew MacAskill LONDON, June 22 (Reuters) – The Royal Bank of Scotland has received bids for its Greek ship finance

By Andreas Kröner FRANKFURT, June 21 (Reuters) – The European Central Bank is taking a hard look at lenders’ ship financing portfolios amid a

By Christopher Langner (Bloomberg) — Now, the ship really has sailed. After kicking the can down the waterway for a few years, Korean banks will have to

By Christine Kim and Joyce Lee SEOUL, June 8 (Reuters) – South Korea’s government and central bank will create an 11 trillion won ($9.50 billion)

By Christine Kim SEOUL, May 12 (Reuters) – They are South Korea’s “too-big-to-fail” firms – the world’s largest

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