Tag: mortgage banks
Major shareholder heightens criticism of the Pfandbrief bank
Head office of the Deutsche Pfandbriefbank Harsh criticism from Petrus Advisers – again and again. (Photo: PBB) Frankfurt The activist investor Petrus Advisers, who has made a name for himself…
The mortgage lending business is collapsing like never before
housing construction New business with private real estate loans collapsed in February. The year-on-year decline is even stronger than in January. (Photo: mauritius images / Rupert OberhŠuser) Frankfurt The construction…
This manager is supposed to save the Silicon Valley Bank
Tim Mayopoulos Before his rise in banks and fintechs, the lawyer made a career in a top law firm. (Photo: Bloomberg/Getty Images) new York The American deposit insurance fund FDIC…
Investor attacks Pfandbriefbank: “Significant strategic weaknesses”
Frankfurt The activist investor Petrus Advisers, who has made a name for himself in Germany with commitments at Comdirect, Aareal Bank and Teamviewer, is now taking on the real estate…
Two former HVB bankers sentenced to suspended sentences
District Court of Wiesbaden The fourth Cum-Ex trial ends with guilty verdicts. (Photo: dpa) Dusseldorf/Wiesbaden It’s not often that bank advisors are convicted for helping clients evade taxes. This was…
“There is still a lot of money that needs to be invested
Jochen Klösges The head of Aareal-Bank is confident that there will be no severe, long-term recession. Frankfurt Aareal Bank boss Jochen Klösges had just been hired by the Wiesbaden real…
Bidder consortium achieves target for Aareal Bank takeover
Aareal Bank logo The financial investors failed in February with a first takeover attempt. (Photo: imago images/aal.photo) Dusseldorf The financial investors Advent, Centerbridge and the Canadian state pension fund CPPIB…
Aareal Bank postpones Annual General Meeting
Headquarters of Aareal Bank The bidding consortium now wants to offer the shareholders EUR 33 per share. (Photo: dpa) Frankfurt Aareal Bank’s Management Board has given the go-ahead for the…
Aareal Bank postpones Annual General Meeting
Headquarters of Aareal Bank This time, the most important major shareholders of the real estate financier support the takeover bid by a bidding consortium. (Photo: dpa) Frankfurt Aareal Bank’s Management…
Commentary on the takeover bid for Aareal Bank
The Aareal Bank logo The planned sale of the Wiesbaden real estate financier failed at the first attempt. The chances for two financial investors look better on the second try.…
Financial investors prepare third offer
Headquarters Aareal Bank in Wiesbaden. (Photo: PR) Frankfurt The private equity houses Advent and Centerbridge intend to submit another offer for the Wiesbaden-based real estate financier Aareal Bank in the…
Financial investors prepare third offer
Headquarters Aareal Bank in Wiesbaden. (Photo: PR) Frankfurt According to financial circles, the private equity investors Advent and Centerbridge are working on a third offer for the Wiesbaden-based real estate…
Investor attacks the supervisory board and board of directors of the bank
Frankfurt After the failed takeover of Aareal Bank by the bidder consortium Atlantic Bidco, the activist investor Petrus Advisers attacked the bank’s supervisory board and management board. “We welcome Atlantic…
The sale of the real estate financier Aareal Bank has burst. Now activist investors want to replace five supervisory board members
Frankfurt After the failed takeover of Aareal Bank by the bidder consortium Atlantic Bidco, the activist investor Petrus Advisers attacked the bank’s supervisory board and management board. “We welcome Atlantic…
Financial institutions are particularly common targets for activist investors
Aareal Bank in Wiesbaden Petrus Advisers has been calling for the sale of the software subsidiary Aareon for a long time. The bank strictly rejects this. (Photo: PR) Frankfurt In…