| Date | Time | Source | |
| 04/17/2013 | 4:31AM | DJN | Hypo Noe Gruppe Plans EUR500 Million 5-Year Bond Issue
By Ben Edwards Austrian regional bank Hypo Noe Gruppe is planning to sell 500 million euros ($655 million) of five-year bonds, one of the banks running the deal said Wednesday. Suggested pricing is in the area of 95 basis points over midswaps. BayernLB, DZ Bank, Erste Bank, Nykredit and UniCredit are lead managers of the... More...>> |
| 04/08/2013 | 8:27AM | DJN | Hungary's Large Banks Welcome Central Bank's Growth Plan
By Margit Feher BUDAPEST--Most of Hungary's largest retail banks welcomed Monday the plan announced by the central bank last week to promote growth by boosting lending to small and medium-sized enterprises, the National Bank of Hungary said. Top executives from various retail banks and the leadership of the central bank... More...>> |
| 03/20/2013 | 10:53AM | DJN | Hungary's MKB Bank Cancels Moody's Rating Contract Post Downgrade
By Margit Feher BUDAPEST--Hungarian retail bank MKB Bank Zrt. Wednesday has canceled its credit rating contract with Moody's Investors Service after the rating company dramatically downgraded the bank Tuesday. Moody's downgraded the baseline credit assessments of MKB Bank by four notches from b3 to ca--one level above... More...>> |
| 01/15/2013 | 6:10AM | DJN | UBS Places 8.8 Million Lufthansa Shares at EUR14.43 - Trader
By Thomas Leppert and Friedrich Geiger FRANKFURT--UBS AG (UBS) has placed 8.8 million shares in Deutsche Lufthansa AG (LHA.XE) for EUR14.43 ($19.28) each this morning, according to a trader. The shares used to belong to Bayerische Landesbank, he said. The number of shares which have been placed are equivalent to around... More...>> |
| 01/09/2013 | 2:53PM | DJN | UPDATE: Fears Mount Over Euribor After Latest Departure
--Raiffeisen Bank will stop providing data to help set the euro interbank offered rate --The move marks the third bank departure in four business days from the Euribor rate-setting panel --Erste Group Bank, another Austrian lender, says it is reviewing its options as well (Adds more details throughout.) By Nick Cawley... More...>> |
| 01/09/2013 | 12:10PM | DJN | Fears Mount Over Euribor After Latest Departure
The very existence of one of Europe's most important interest rate benchmarks is being put into question by the decisions of some banks to stop contributing it, an official for the product's organizers said Wednesday. "I am very concerned with the on-going situation, absolutely, this is a serious situation," said Cedric... More...>> |
| 01/04/2013 | 12:50PM | DJN | More Banks Leave Euribor Panel
Dutch bank Rabobank on Friday became the latest lender to pull out of the panel of banks that sets the influential euro interbank offered rate, known as Euribor. A spokesman for Rabobank, which is among the banks in the euro zone with the highest credit ratings, said the bank took the decision as the very low volume of... More...>> |
| 09/03/2012 | 9:13AM | DJN | FMS Wertmanagement Plans 2020 Euro Benchmark Bond Issue
By Ben Edwards FMS Wertmanagement, the so-called 'bad bank' of Germany's Hypo Real Estate Group, is planning a benchmark-size, euro-denominated bond, maturing in January 2020, one of the banks running the deal said Monday. Initial price thoughts are in the area of 10 basis points over midswaps. Bayern LB, Deutsche Bank... More...>> |
| 09/03/2012 | 5:36AM | DJN | UniCredit HypoVereinsbank Plans EUR500 Million 10-Year Covered Bond
By Ben Edwards HypoVereinsbank, the mortgage pfandbrief issuing arm of UniCredit Bank AG, is planning a 500 million euro ($628.6 million), 10-year covered bond, one of the banks running the deal said Monday. Initial price thoughts are in the area of the low-mid 20s over midswaps. Bayern LB, HSH Nordbank, LBBW, Nord LB... More...>> |
| 09/03/2012 | 3:54AM | DJN | Muenchener Hypothekenbank Plans EUR500 Million Five-Year Covered Bond
By Sarka Halas Muenchener Hypothekenbank eG has planned a 500 million euro ($628.62 million) five-year covered bond, one of the banks running the deal said Monday. BayernLB, Credit Suisse, DZ Bank, Goldman Sachs, and HSBC are the lead managers on the deal, which is expected to price later Monday. Write to Sarka Halas at... More...>> |
| 08/23/2012 | 12:51PM | DJN | US Court Rejects Holocaust Survivors' Claims Against OTP Bank
BUDAPEST--A U.S. court of appeals has dismissed claims filed by Holocaust survivors against OTP Bank Nyrt. (OTP.BU) that accused it of cooperating with regimes that committed genocide in World War II, the bank said in a stock exchange filing Thursday. The United States Court of Appeals for the Seventh Circuit, based in... More...>> |
| 07/25/2012 | 6:46AM | DJN | EU Approves Restructuring Aid For BayernLB, NordLB With Conditions
By Frances Robinson and Ulrike Dauer The European Commission, the executive arm of the European Union, Wednesday approved state aid for two German state-controlled Landesbanken--BayernLB and NordLB--on the condition both banks undergo substantial restructuring in the coming years. For BayernLB, the commission approved... More...>> |
| 06/14/2012 | 4:40AM | DJN | Schaeffler Expands Banking Consortium To Complete Refinancing
German engineering firm Schaeffler AG Thursday said it has completed its EUR8 billion refinancing arrangement, agreed upon in January 2012, with the expansion of its consortium of eight banks to eleven. MAIN FACTS: -Barclays PLC (BCS), Bayerische Landesbank, and Citibank (C) have joined the banking group which includes... More...>> |
| 04/20/2012 | 1:13PM | DJN | Germany's BayernLB Sues Deutsche Bank Over Mortgage Fraud
German regionally owned lender BayernLB is suing Deutsche Bank AG (DB) at the New York Supreme Court over residential mortgage-backed securities of a nominal value of $810 million, a spokesman for BayernLB said Friday. The Munich-based lender is accusing Germany's largest bank for having originated, purchased, financed... More...>> |
| 03/08/2012 | 2:10PM | DJN | AT A GLANCE: Banks, Insurers, Funds Ponder Greek Bond Deal
(Adds comment from Hypo RE's FMS bad bank to participate in program.) THE EVENT: A crucial deadline is approaching as Greece seeks to get commitments by its bondholders to agree to a debt-restructuring plan that will involve big losses on their holdings. The restructuring involves debt worth EUR206 billion in the hands... More...>> |
| 03/08/2012 | 12:57PM | DJN | AT A GLANCE: Banks, Insurers, Funds Ponder Greek Bond Deal
(Adds comment from Greek government official and detail on German participants and on Delta Lloyd saying it won't participate unless all others do so.) THE EVENT: A crucial deadline is approaching as Greece seeks to get commitments by its bondholders to agree to a debt-restructuring plan that will involve big losses on... More...>> |
| 03/08/2012 | 9:26AM | DJN | AT A GLANCE: Banks, Insurers, Funds Ponder Greek Bond Deal
(Adds detail on bond swap result timing.) THE EVENT: A crucial deadline is approaching as Greece seeks to get commitments by its bondholders to agree to a debt-restructuring plan that will involve big losses on their holdings. The restructuring involves debt worth EUR206 billion in the hands of the private sector, although... More...>> |
| 03/07/2012 | 1:23PM | DJN | AT A GLANCE: Banks, Insurers, Funds Ponder Greek Bond Deal
(Adds detail on Portuguese banks.) THE EVENT: A crucial deadline is approaching as Greece seeks to get commitments by its bondholders to agree to a debt-restructuring plan that will involve big losses on their holdings. The debt restructuring involves debt worth EUR206 billion in the hands of the private sector, although... More...>> |
| 03/07/2012 | 11:19AM | DJN | AT A GLANCE: Banks, Insurers, Funds Ponder Greek Bond Deal
(Adds detail on German banks.) THE EVENT: A crucial deadline is approaching as Greece seeks to get commitments by its bondholders to agree to a debt-restructuring plan that will involve big losses on their holdings. The debt restructuring involves debt worth EUR206 billion in the hands of the private sector, although the... More...>> |
| 03/07/2012 | 9:39AM | DJN | AT A GLANCE: Banks, Insurers, Funds Ponder Greek Bond Deal
THE EVENT: A crucial deadline is approaching as Greece seeks to get commitments by its bondholders to agree to a debt-restructuring plan that will involve big losses on their holdings. The debt restructuring involves debt worth EUR206 billion in the hands of the private sector, although the current offer is extended to... More...>> |
