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  • "Even if (SEC) proceedings are still underway, in which the presumption of innocence must prevail, the accusations leveled against your institution are so severe that the Bavarian landesbank, which is itself under close scrutiny and needs to adhere to the highest ethical standards, feels compelled to take this step," the letter said.

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  • "Even if (SEC) proceedings are still underway, in which the presumption of innocence must prevail, the accusations leveled against your institution are so severe that the Bavarian landesbank, which is itself under close scrutiny and needs to adhere to the highest ethical standards, feels compelled to take this step," the letter said.

    Reuters: Top News

  • Landesbank Baden-Württemberg, or LBBW, the country's largest landesbank, also declined to say how much Iceland exposure it holds.

    German Banks Now Face Big Losses

  • A third landesbank, Helaba, said its Iceland exposure was below €10 million.

    German Banks Now Face Big Losses

  • Another landesbank, WestLB, said its exposure to Iceland was "less than €100 million."

    German Banks Now Face Big Losses

  • HSH Nordbank, a smaller landesbank, said Thursday it had exposure of "low three-digit-million" euros to Iceland.

    German Banks Now Face Big Losses

  • This month's stress test of EU banks barred the inclusion of most silent participations amid doubts this form of capital would be able to absorb losses fast enough in a crisis -- sparking a pullout from the test by German landesbank Helaba.

    Reuters: Top News

  • Helaba, as the landesbank is known, refused to allow the EBA to publish its results in full, saying the EBA's data "would lead to a halving of the core capital without legal grounds."

  • As Italy Moves to Calm Investors, Europe Delays Meeting on Greece John Macdougall/Agence France-Presse - Getty Images Helaba, a landesbank based in Frankfurt, is the only German bank expected to fail the stress tests, though others may come close.

    NYT > Home Page

  • Commercial bankers would also welcome a leaner landesbank sector.

    NYT > Home Page

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