By Saket Sundria, Serene Cheong and Dan Murtaugh (Bloomberg) –Reports alleging that fuel tankers appeared to breach U.S. sanctions against Iran were cited in court filings by a bank as...

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...

by Maria Sheahan (Reuters) Aug 22 German state-owned lender NordLB and KKR Credit said they had reached an agreement by which KKR Credit will acquire a $1.5 billion portfolio of...

BERLIN, Feb 14 (Reuters) – German public-sector lender NordLB is not planning a merger with peer HSH Nordbank, its Chief Executive said in reaction to comments from an HSH stakeholder...

Norddeutsche Landesbank Girozentrale, one of the world’s top shipping lenders, increased loan-loss provisions by 2 percent in the third quarter as the industry crisis entered its sixth year.

FRANKFURT, April 23 (Reuters) – NordLB’s, one of the world’s top ten ship financiers, expects the shipping industry to have passed its darkest hour, though provisions will remain high this...

(Bloomberg) — Norddeutsche Landesbank Girozentrale, the world’s fifth-largest shipping lender, returned to profit in the third quarter after higher interest income offset a jump in loan losses. Net income advanced...