Consolidation is imminent as BayernLB eyes WestLB

first_imgMonday 20 September 2010 9:16 pm Consolidation is imminent as BayernLB eyes WestLB KCS-content The WestLB supervisory board discussed BayernLB’s offer to hold talks at a meeting yesterday, a source close to WestLB added.German Finance Minister Wolfgang Schaeuble recently launched a new campaign to merge publicly-owned landesbanks, which suffered in the credit crisis and could lose support more quickly under new capital rules. Show Comments ▼ Tags: NULL More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPuffer fish snaps a selfie with lucky divernypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Share whatsapp whatsapp BayernLB is interested in snapping up fellow German lender WestLB, a source close to the Munich-based bank said yesterday.The move comes amid a fresh push for consolidation among state-controlled landesbanks in Europe’s biggest economy.“The considerations are at a very early stage,” the source said, adding negotiations are to be held with an open outcome.last_img

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