Commerzbank

Finance

German Banks Offload “Toxic” Shipping Debt

by Jonathan Saul, Arno Schuetze (Reuters) Top national lenders Deutsche Bank and Commerzbank are stepping up efforts to offload distressed shipping loans,

Uncategorized

Germany Bails Out Bad Shipping Loans

German state-controlled lender NordLB has agreed to take full control of its loss-making Bremer Landesbank (BLB) unit, which is suffering from a weak shipping

Finance

German Ship Lenders Brace For ECB Health Check

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

Finance

Moody’s Sees Bad Shipping Loans Increasing at German Banks

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

Finance

Shipping Lenders Toughen Oversight After Worst Rout in 23 Years

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

Finance

Commerzbank Says Has No Plans For Firesale Of Shipping Portfolio

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