Traders focus on HypoVereinsbank risk
Article Abstract:
During the fall of 1998, Bayerische Hypo-& Vereinsbank AG posted a surprising provision of 3.5 billion deutschmarks ($1.98 billion) for potential losses on financing for real estate carried out by the former Bayerische Hypotheken-& Wechselbank AG. The company also said it would post approximately 2.8 billion marks in regular risk provisions in 1998. Analysts believe that HypoVereinsbank's high risk provisions will not seriously affect the company's earnings in 1999.
Comment:
Analysts believe bank's high risk provisions will not seriously affect company earnings in 1999
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
BGB posts loss of 1.6 billion euros, seeks fresh capital
Article Abstract:
Bankgessellschaft Berlin has reported a loss of 1.6 billion euros in 2000. The bank is seeking 2 billion euros in fresh capital from its shareholders. It will ask 1 billion euros from its controlling shareholder, the city of Berlin.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
BHF's nine-month net rose 9.7%
Article Abstract:
BHF Bank AG posted an increase of 9.7% in its net profits for the nine-month period in 2001. The bank posted 238 million euros in net profits for the period as a result of one-time items.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Hang-up for cellular firms. Enron power plant rejects state's payment. Investor appetite for India
- Abstracts: China is once more flexing its muscles. China's nibbling stokes security concerns. ...While Taipei should find its own voice
- Abstracts: U.S. group urges Japan to relax its rules on mergers. Brazil taps Japan investors
- Abstracts: The road from Damascus. The velvet revolution. The wrong trousers
- Abstracts: Denmark:Thrane & Thrane reach agreement with Nera. Denmark: Thrane & Thrane's interim report. DENMARK: THRANE & THRANE AWARDED DKR360MN CONTRACT