German property bank's investor turns short seller as crisis deepens
AN INVESTOR-turned-short vendor in Germany’s embattled Pfandbriefbank on Friday (Feb 16) advised the corporate to return clear on the extent of its downside real-estate loans […]
crisis
Commercial property crisis ensnares Deutsche Pfandbriefbank as S&P downgrades rating
BONDS of Deutsche Pfandbriefbank (PBB) tumbled deeper into distressed territory on Thursday (Feb 15) after S&P Global Ratings downgraded the German lender citing its excessive […]
Brexit, crisis ‘hangover’ keep UK bank shares undervalued, minister says
SHARES of British banks are undervalued partly by lingering perceptions that they’re nonetheless hampered by Brexit and a adverse political local weather towards the establishments, […]