Company Overview of Bayerische Landesbank
Bayerische Landesbank operates as a commercial bank for large and middle-market companies, public sector, real estate, and retail customers in Europe and internationally. It offers financing solutions and services for real estate plans, such as commercial real estate services, including portfolio financing, real estate financing, real estate development finance, and financing real estate funds; residential real estate services, such as services for housing companies and housing development finance; real estate management, including financing hotel property and healthcare finance; real estate services, such as real estate strategy consulting, consulting on acquiring and selling real estate/M&...
Brienner Strasse 18
Founded in 1884
Key Executives for Bayerische Landesbank
Chief Executive Officer and Member of Board of Management
Chief Financial Officer and Member of Management Board
Chief Risk Officer and Member of the Board of Management
Deputy Chief Executive Officer and Member of the Board of Management
Head of the Corporates Division
Compensation as of Fiscal Year 2014.
Bayerische Landesbank Key Developments
Austria Sues Bayerische Landesbank for EUR 3.5 billion over Hypo Alpe-Adria
Dec 22 14
Austria on December 19, 2014, filed a EUR 3.5 billion lawsuit against Bayerische Landesbank for allegedly misleading it during the 2009 nationalization of the former Hypo Alpe-Adria Bank International AG. The sides are also battling over an Austrian law forcing BayernLB to contribute EUR 800 million to Hypo's wind-up costs, as well as the sale of Hypo's Balkan network, which BayernLB has moved to block.
BayernLB Reports Earnings Results for the Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Year 2014
Nov 17 14
BayernLB reported earnings results for the nine months ended September 30, 2014. The company reported net interest income remained stable, rising slightly by approximately 1% in the first nine months of 2014 to EUR 1,251 million despite ongoing targeted reductions in business volume, compared to EUR 1,244 million a year ago. profit before taxes of EUR 561 million despite challenging market conditions. Adjusted for the gain on the sale of GBW in 2013, profit before taxes was on a par with the good figure for the year-before period.
BayernLB Group expects to report a loss for its full-year 2014 consolidated net income due to the charges incurred for the deconsolidation of MKB, although the Bank's capital base will remain very sound.
Bayern LB Presents at The 17th Annual GRI Europe Summit 2014, Sep-17-2014 through Sep-18-2014
Sep 15 14
Bayern LB Presents at The 17th Annual GRI Europe Summit 2014, Sep-17-2014 through Sep-18-2014. Venue: Intercontinental Paris Le Grand, Paris, France. Presentation Date & Speakers: Sep-17-2014, Philippe Troukens, Director, SEBASTIEN LIBERGE, director, head of re finance.
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