Tag: BayernLB
BayernLB: Record result leads to higher dividend – Economy
The Free State of Bavaria and the Bavarian savings banks will receive a significantly higher dividend from BayernLB after another record result. The Landesbank wants to distribute 350 (previous year:…
Landesbanken: Free State probably increases share in BayernLB economy
The EU banking supervisory authority is putting the state banks in Hesse and Bavaria under pressure. This could increase the Free State’s share in BayernLB. How exactly is unclear. The…
Bayern-LB gives employees sneakers – economy
In the elevator of a southern German company, the top boss once said to one of his young employees: “We don’t pay you so much money to buy white sneakers.”…
How Benko burdens the banks – Economy
The Swiss private bank Julius Baer admitted on Monday that it had a credit risk of a good 600 million francs with a group of companies. It is certain in…
BayernLB boss’s contract extended by five years
Stephan Winkelmeier is to remain at the helm of BayernLB until 2029. The supervisory board has extended its contract, which expires in just under a year, by five years, the…
Steel industry in Bavaria: Is the Maxhütte pipe plant on the verge of collapse? – Bavaria
“It doesn’t look bad,” says Karl-Heinz König, chairman of the works council at Rohrwerk Maxhütte. The traditional steel company in Sulzbach-Rosenberg is said to be on the verge of collapse,…
BayernLB can almost double profit – economy
War, inflation, turnaround in interest rates – the past year has turned the business of many banks upside down at breakneck speed. The Silicon Valley Bank in the USA and…
BayernLB balance sheet: Landesbank reports billions in profit
Status: 04/05/2023 4:23 p.m The banking industry remains unsettled. The people in Munich were all the happier: BayernLB has almost doubled its profit. But the restructuring of the Landesbank is…
Stock market 2023: This list shows what investors can expect this year
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LBBW secures billions in fund assets from deal with Helaba
The bundling of individual business areas of Landesbank Baden-Württemberg (LBBW) and Landesbank Hessen-Thüringen (Helaba) is progressing. After taking over the interest and currency management for savings bank customers, LBBW has…