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Germany's Commerzbank on Thursday posted its biggest profit in 15 years in 2023, a 55% increase from the previous year, as it benefited from higher interest rates, and the lender said it was...
German lender PBB’s shares plunge after S&P rating cut FRANKFURT (Reuters) – Shares in Deutsche Pfandbriefbank (PBB) dropped 7.5% on Thursday after a cut to its credit rating on concerns over the lender’s exposure to the commercial real estate sector. The bank, which is one of Germany’s largest real estate financers, last week sought to […]
Germany's Commerzbank on Thursday posted its biggest profit in 15 years in 2023, a 55% increase from the previous year, as it benefited from higher interest rates, and the lender said it was... -February 15, 2024 at 01:30 am EST - MarketScreener
Shares in Deutsche Pfandbriefbank dropped 7.5% on Thursday after a cut to its credit rating on concerns over the lender's exposure to the commercial real estate sector....
The credit rating agency S&P on Wednesday downgraded the rating of Deutsche Pfandbriefbank on concerns about its exposure to the commercial real-estate sector and gave it a negative outlook....