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Results: 1-8 of 8

State aid issues considered as part of proposed merger between WestLB and BayernLB

  • Nabarro LLP
  • -
  • European Union, Germany
  • -
  • October 11 2010

The European Commission has said that it will closely examine the State aid implications of the proposed merger between German banks, WestLB and BayernLB

Urgent rescue aid for WestLB temporarily approved while investigation launched

  • Nabarro LLP
  • -
  • European Union, Germany
  • -
  • January 13 2010

WestLB AG, based in Germany's North Rhine-Westphalia region, is one of the largest regional savings and commercial banks in the country

Association of German banks loses state aid appeals

  • Nabarro LLP
  • -
  • European Union, Germany
  • -
  • March 22 2010

The General Court has dismissed two appeals against commission decisions finding that the receipt of public assets by a German bank does not amount to State aid

Risk shield to protect WestLB authorised

  • Nabarro LLP
  • -
  • European Union, Germany
  • -
  • June 3 2008

In response to the credit crunch, the European Commission (Commission) has authorised rescue aid, in the form of risk shield protection, in favour of WestLB AG (WestLB), a commercial bank based in North Rhine-Westphalia (Germany

Commission investigates German banks’ rescue packages

  • Nabarro LLP
  • -
  • European Union, Germany
  • -
  • March 31 2008

The European Commission (Commission) has opened an in-depth investigation into the financial support granted by the German state to IKB and Sachsen LB

Capital injection for Commerzbank under scrutiny

  • Nabarro LLP
  • -
  • European Union, Germany
  • -
  • November 25 2008

The German Government's decision to provide a capital injection of 8.2bn to support Commerzbank is now under review by the European Commission (Commission

German asset relief scheme approved

  • Nabarro LLP
  • -
  • European Union, Germany
  • -
  • August 6 2009

As part of a larger scheme to rescue banks in difficulty, the German Government has developed an asset relief scheme which it notified to the European Commission (Commission) for approval under the State aid rules

Investigation into WestLB’s impaired asset and restructuring plan extended

  • Nabarro LLP
  • -
  • European Union, Germany
  • -
  • November 16 2010

According to the European Commission, the German regional bank WestLB, has received an additional undeclared 3.4 bn of state aid during the process of transferring its toxic and impaired assets to a ‘bad bank’ and restructuring its viable operations