Hints and tips:
...Yuriy Butsa, government commissioner for public debt management, contributed to this article...
...HOLD: Michelmersh Brick (MBH) The brick maker has hedged 90 per cent of its expected energy needs, writes Michael Fahy....
...“It helps to increase the importance and visibility of the Dax,” said Christoph Ohme, portfolio manager for German equities at DWS, the asset management arm of Deutsche Bank....
...Germany’s largest asset manager, DWS, one of Wirecard’s largest shareholders, said it was evaluating legal steps against the company....
...Wirecard has drawn about 90 per cent of a €2bn credit line with banks, including Commerzbank, LBBW, ING and ABN Amro. The four have the largest exposure with €200m....
...Germany’s remaining systemically important Landesbanken – HSH, Nordbank and LBBW – report next week....
...Ingo Frommen, an analyst at LBBW, said that the numbers were “not good”, but added that the decline seemed “mainly due to external effects, which also hit other banks hard”....
...the risks involved in buying certain asset-backed securities in 2005 and 2006....
...In August last year, Germany’s LBB Invest banned soft commodities from its funds in response to lobbying, while two months earlier LBBW Asset Management said it would stop investing in soft commodities and...
...Last year, German groups LBB Invest, LBBW Asset Management and DekaBank also decided to stop investing in soft commodities....
...That same year, it stated its intention to offer more securitisation services to outsiders and set up IKB Credit Asset Management, an asset management arm....
...LBBW will overhaul its corporate governance structures “with the aim of increasing corporate oversight and reducing the potential for undue influence on its day-to-day management”, according to the commission...
...His management of France’s sixth-largest company during the past four years is widely regarded as fairly successful....
...Per-Ola Hellgren, analyst at LBBW, said: “The premium income volume has contracted by 3 per cent while we had expected 4 per cent growth,”....
...The demand for capital to acquire state-owned assets suddenly outstripped domestic investors' ability to supply it....
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