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HSH Nordbank

HSH Nordbank

It's down to just two contenders to buy the ailing state-owned HSH Nordbank as the protracted bidding process heads into its final phase, with the bank agreeing to exclusive talks with potential buyers J.C. Flowers and Cerberus in a joint bid. more

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Stefan Ermisch - HSH Nordbank

HSH Nordbank

The highest bid from the three remaining bidders for the troubled Kiel- and Hamburg-headquartered HSH Nordbank is coming in at about €200m, according to a recent report in the Wall Street Journal. Following an EU decree... more

Companies

Stefan Ermisch - HSH Nordbank

HSH Nordbank

The majority owners of German lender HSH Nordbank, the federal states of Hamburg and Schleswig-Holstein, have received ‘several binding bids’ for the bank by the deadline of 27 October, they announced this weekend. more

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Stefan Ermisch - HSH Nordbank

HSH Nordbank

Mid-sized northern German Landesbank HSH Nordbank made a further significant step towards cleaning up its balance sheet by selling off €1.64bn of legacy loans, as part of its mission to ready itself for new ownership as decreed by the EU following... more

Companies

Peter Axmann - HSH Nordbank

HSH Nordbank AG

A higher-than-expected level of early repayments forced the hand of property lender HSH Nordbank in 2015, which saw it raising its level of new business last year from the budgeted €3.6bn to €4.5bn. more

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