Sponsored Content
BayernLB Threatens Hypo Group with Damage Claims
People ♦
Published: March 26, 2014; 13:22 ♦ (Vindobona)

Sponsored Content
BayernLB, former parent company of Hypo Group Alpe Adria International, is threatening to claim damages from its former affiliate.

Since Hypo Group has refused to pay the loan running in the billions, granted by BayernLB, the former German parent company had to carry out an alienation of core capital, as announced by CEO Gerd Häusler. Therefore, the bank considers claiming damages after having examined the disadvantages, as announced by Häusler during a press conference of BayernLB.
The CEO reiterated that…
or Log In
Sponsored Content
Fast News Search
Sponsored Content