sitecontent

January 2012

• 20/01/2012

  Klemens Breuer to leave Managing Board of WestLB AG by mutual agreement and at his own request

  Klemens Breuer, the member of the Managing Board of WestLB AG with responsibility for the Capital Markets business, is to leave the Bank by mutual agreement and at his own request.... More: Klemens Breuer to leave Managing Board of WestLB AG by mutual agreement and at his own request

December 2011

• 20/12/2011

  European Commission Confirms Final Restructuring of WestLB

  WestLB to become a service and portfolio management bank (SPM-Bank) Commission enables SPM-Bank to do business with third parties Verbundbank with total assets of approx. € 40 billion and 400 employees to be connected to Helaba in mid-2012 Transfer of further activities to third parties or EAA The European Commission today gave final approval to the restructuring plan su... More: European Commission Confirms Final Restructuring of WestLB

• 15/12/2011

  Apollo Offer Does Not Permit Sale of WestImmo

  # Sale cannot be justified in economic terms # Transaction and extended liability risks untenable for WestLB and its owners ... More: Apollo Offer Does Not Permit Sale of WestImmo

• 12/12/2011

  WestLB welcomes the decision of Helaba on the planned Verbundbank

  WestLB firmly supports this solution... More: WestLB welcomes the decision of Helaba on the planned Verbundbank

• 08/12/2011

  EBA Tightens Stress Requirements

  Following completion of the capital exercise conducted by the European Banking Authority.... More: EBA Tightens Stress Requirements

October 2011

• 27/10/2011

  WestLB passes EBA stress test – No additional capital required

  WestLB passes EBA stress test – No additional capital required... More: WestLB passes EBA stress test – No additional capital required

• 18/10/2011

  Talks between WestLB and HSBC Trinkaus & Burkhardt AG stopped

  HSBC Trinkaus & Burkhardt AG today informed the Managing Board of WestLB that HSBC Trinkaus & Burkhardt AG is withdrawing from the bidding process for parts of WestLB's corporates business. ... More: Talks between WestLB and HSBC Trinkaus & Burkhardt AG stopped

• 06/10/2011

  readybank ag Sells Selected Activities to S-Kreditpartner GmbH

  readybank ag is to sell selected activities to S-Kreditpartner GmbH (SKP).... More: readybank ag Sells Selected Activities to S-Kreditpartner GmbH

August 2011

• 25/08/2011

  WestLB Posts Half-Year Profit of € 50 Million

  WestLB Group posted a profit before income tax of € 50 million in the first half of 2011.... More: WestLB Posts Half-Year Profit of € 50 Million

July 2011

• 20/07/2011

  WestLB to continue discussions on WestImmo sale exclusively with Apollo

  WestLB AG, Düsseldorf, is to continue the ongoing discussions on the sale of Westdeutsche ImmobilienBank AG, Mainz, exclusively with affiliates of Apollo Global Management (NSYE: APO).... More: WestLB to continue discussions on WestImmo sale exclusively with Apollo