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Austria's Raiffeisen Bank International, the biggest Western bank in Russia, said on Tuesday it stands by its assessment that its purchase of a stake in Austria's Strabag long held by a Russian tycoon...
FRANKFURT (Reuters) - German property lenders are forecasting a slight revival in real-estate financing this year after a sharp slowdown in 2023 amid the most severe property crisis in decades, according to the VDP banking association on Wednesday....
A year ago Credit Suisse was teetering on the brink of collapse, a scare that sent European bank shares tumbling and the cost of insuring against default soaring. ...
FRANKFURT -TAG Immobilien, one of Germany's biggest listed landlords, swung to a $449 million loss in 2023 as Europe's largest economy goes through its worst real-estate crisis in decades, figures on...
Deutsche Bank's chief executive officer said on Tuesday that he expects the current crisis in commercial real estate to continue in 2024 and that provisions for loan losses will be at the upper...