Hints and tips:
...According to a recent study by local bank Nord LB, more than two-thirds of the value created by the top 50 companies in Lower Saxony is related to making cars or car parts....
...Hannover-based Nord LB had said in April that it intended to offload about €7bn of its €19bn maritime loan portfolio to investors, such as private equity firms, within the next five years, in a bid to cut...
...Some analysts have speculated that a merger could still be on the cards – with close neighbour Nord LB seen as a possible candidate....
...The country’s three largest ship financiers, HSH Nordbank, Commerzbank and Nord/LB have more than €60bn in exposure to shipping, accounting for two-thirds of the German market, according to the report....
...Here’s another bit of the report which demonstrates the point: The NORD/LB Group has taken further measures to strengthen risk ratios in 2011....
...At the same time, we are affirming and withdrawing the issue ratings on the debt of NORD/LB and NORD/LB Luxembourg....
...Michael Kemmer, Bayern LB’s chief executive, said last month the bank would “close the first half of 2009 in the black” but damped expectations for the full year considerably, saying the slump in the real...
...HSH Nordbank and Nord LB are each expected to sell another 20,000 apartments this year....
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