Ticker	Volume	Price	Price Delta
DJIA	15,293.50	-24.70	-0.16%
S&P 500	1,647.70	-4.11	-0.25%
Nasdaq	3,480.10	-2.09	-0.06%

Ticker

Volume

Price

Price Delta

DJIA

15,293.50

-24.70

-0.16%

S&P 500

1,647.70

-4.11

-0.25%

Nasdaq

3,480.10

-2.09

-0.06%

Ticker	Volume	Price	Price Delta
STOXX 50	2,686.89	-14.04	-0.52%
FTSE 100	6,338.78	-35.43	-0.56%
DAX	8,203.07	-26.44	-0.32%

Ticker

Volume

Price

Price Delta

STOXX 50

2,686.89

-14.04

-0.52%

FTSE 100

6,338.78

-35.43

-0.56%

DAX

8,203.07

-26.44

-0.32%

Ticker	Volume	Price	Price Delta
Nikkei	13,245.20	+237.94	1.83%
Hang Seng	20,986.90	-238.99	-1.13%
S&P/ASX 200	4,861.38	+47.03	0.98%

Ticker

Volume

Price

Price Delta

Nikkei

13,245.20

+237.94

1.83%

Hang Seng

20,986.90

-238.99

-1.13%

S&P/ASX 200

4,861.38

+47.03

0.98%

Helaba Wants WestLB’s Cash Management Unit, Rundschau Reports He

By Niklas Magnusson - 2012-06-07T23:00:01Z

Landesbank Hessen-Thueringen, which will take over WestLB AG’s Verbundbank unit, also wants to acquire the German lender’s cash management and depositary bank operations, Frankfurter Rundschau reported today, citing people involved in the negotiations between WestLB and Helaba.

Helaba would after such a transaction settle some 15 billion euros ($18.9 billion) in payments every year and increase its balance sheet by 40 billion euros to almost 200 billion euros, the newspaper said. The number of employees would rise by 450 to 6,500, Frankfurter Rundschau reported.

To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.