Deutsche Pfandbriefbank , one of Germany s top property financiers dating back to the 1860s and bailed out by the government in 2009, is navigating what it calls the greatest real estate crisis.
By Tom Sims and John O'Donnell FRANKFURT (Reuters) - Deutsche Pfandbriefbank (PBB), one of Germany's top property financiers dating back to the 1860s and bailed out by the government in 2009, is navigating what it calls "the greatest real estate cr.
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(Bloomberg) Losses in the commercial property market, which have already sent some banks in New York and Japan into a tailspin, moved to Europe’s biggest economy this week. Most Read from BloombergTrump Denied Immunity in DC Election Case by Appeals CourtXi to Discuss China Stocks With Regulators as Rescue Bets BuildWall Street Snubs China for India in a Historic Markets Shift‘Money Dysmorphia’ Traps Millennials and Gen ZersKing Charles Treated for Cancer in New Royal Health ScareBonds issued
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Deutsche Pfandbriefbank has appointed Marcus Schulte as its new Chief Financial Officer. The 54-year-old is already a member of the Management Board and will take over from Andreas Arndt on December.
Marcus Schulte , member of the Management Board of Deutsche Pfandbriefbank AG , will become Chief Financial Officer as of 1 December 2023. He will take over this function from.
Deutsche Pfandbriefbank is sticking to its plans for new business this year despite the crisis on the real estate market. CEO Andreas Arndt continues to expect a new business volume of between 6.5 and.
A fall in office real estate prices in the USA has thwarted Deutsche Pfandbriefbank s profit plans for the current year. Outgoing CEO Andreas Arndt is now counting on an upturn from mid-2024. We.
Deutsche Pfandbriefbank expects significantly more loan defaults due to the crisis on the real estate market. The Management Board headed by outgoing bank CEO Andreas Arndt therefore significantly.