· DZ Bank will now evaluate options for its shipping finance loans. DVB has 7 billion euros’ worth of performing ship loans, while its 4 billion internal bad bank consists mainly of sour ship.
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A former Deutsche Bank FX trader, Andrew Donaldson, was yesterday found guilty of recording fictitious trades in order to pretend to have made profits in.
Buhari, Saraki Meet Three Times in Eight Days; President Muhammadu Buhari and the President of the Senate, Bukola Saraki, on Friday met behind closed doors again in continuation of consultations on the President’s $30bn loan request which was rejected by the Senate recently.
· NordLB is trying to shed almost all of its non-performing shipping loans this year, much earlier than publicly indicated, as the German bank steps up efforts to.
This compelled the issuers to shed off about $100 million in total loans over the subsequent two years. The majority of the growth have come from banks. The latter extended credit to borrowers.
EU competition regulators typically prefer bailed-out lenders to shed non. property loans and souring consumer debt. The banks were saddled with what the government estimates are 184 billion euros.
bank capital up, not just socialise the bad loans. To shed more light on the relationship between stock market valuation changes and.. into banks. The weekend meeting already sanctioned a 30bn EIB.. went sour.
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· SME Loans Come Home to Roost for Kotak Mahindra Bank; Net Inches Up 17% All this had the fourth-largest private sector lender reporting on Thursday a 16.90 per cent growth in net profit on a consolidated level at Rs 1,574.48 crore, while standalone profit growth slowed to 12.29 per cent at Rs 1,024.94 crore.
People’s Bank of China. US stocks post worst day of the year after China devalues its currency. CNN – By Anneken Tappe, CNN Business. New York (CNN Business) – A dramatic escalation of the trade war between the United States and China sparked a worldwide sell-off in markets on Monday.