HSH Finance Chief Ermisch Said to Take Helm as CEO Asks to Exit

  • Von Oesterreich is said to ask bank to dissolve his contract
  • German bank is preparing to sell billions of euros of loans

HSH Nordbank AG Chief Financial Officer Stefan Ermisch will succeed Constantin von Oesterreich as chief executive officer in the coming months as it grapples with soured shipping loans, according to a person with knowledge of the matter.

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