Friday, November 17, 2017
Paper Money Ship In Storm
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, finance sources said, as the German banking system...

November 17, 2017
Total Views: 5

Thursday, September 1, 2016
NordLB office building hamburg
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 market that is chipping away at...

September 1, 2016
Total Views: 1

Friday, January 31, 2014
hsh nordbank deutsche bank nordlb
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 lenders, few look as exposed as...

January 31, 2014
Total Views: 2

Tuesday, December 10, 2013
germany euro finance banking banks
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 scrutiny from regulators, according to Moody’s Investors Service.

December 10, 2013
Total Views: 1

Monday, September 23, 2013
finance money investing
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 years. Banks are threatening to...

September 23, 2013
Total Views: 2

Wednesday, June 26, 2013
commerzbank logo
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 firesale of its shipping portfolio.

June 26, 2013
Total Views: 0