BayernLB to Expand Business Clients, Staff, Sueddeutsche Says

Bayerische Landesbank plans to increase its number of business clients by 70 percent to 80 percent and hire 20 percent more staff, Sueddeutsche Zeitung said, citing an interview with board member Jan-Christian Dreesen.

The bank wants to earn a “triple-digit million euro amount” per year with small and medium-sized business customers from 2013 onwards, Dreesen told the newspaper.

To contact the reporter on this story: Richard Weiss in Frankfurt at rweiss5@bloomberg.net

To contact the editors responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

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