Eurohypo suspends new business

By A staff reporter 2011-11-04T00:00:00

German banking giant Commerzbank has suspended new business at Eurohypo, its commercial property lending subsidiary, until end-June 2012. The move is aimed at meeting the additional capital requirements of the European Banking Authority (EBA), which has said Commerzbank needed to fill a EUR 2.94 bn capital shortfall. Commerzbank has until ...

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