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21/03/2012
WestLB posted a profit before income tax of € 37 million in 2011, the final full financial year of its operations....
More: WestLB Posts Pre-Tax Profit of € 37 Million Despite Heavy Charges
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21/03/2012
WestLB AG and Hewlett-Packard GmbH (HP) are planning to deepen their existing cooperation and have concluded a strategic partnership to this effect....
More: WestLB and Hewlett-Packard GmbH Conclude Strategic Partnership
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01/03/2012
The Supervisory Board of Westdeutsche ImmobilienBank AG in Mainz today appointed Claus-Jürgen Cohausz to the position of Chairman of the Managing Board....
More: Transformation Process of WestImmo Leads to Changes in Managing Board and Supervisory Board
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20/01/2012
Werner Taiber to assume Capital Markets duties in addition to existing areas of responsibility...
More: Klemens Breuer to leave Managing Board of WestLB AG by mutual agreement and at his own request
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20/12/2011
• 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...
More: European Commission Confirms Final Restructuring of WestLB
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15/12/2011
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
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08/12/2011
Following completion of the capital exercise conducted by the European Banking Authority....
More: EBA Tightens Stress Requirements
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27/10/2011
The total capital shortfall for WestLB is 0....
More: WestLB passes EBA stress test – No additional capital required
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18/10/2011
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
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25/08/2011
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
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20/07/2011
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
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15/07/2011
WestLB, as expected, passed the EU-wide stress test coordinated this year by the newly established European Banking Authority (EBA)....
More: WestLB Passes EU-Wide Stress Test
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24/06/2011
The shareholders of WestLB AG (WestLB) have reached an agreement with the Federal Agency for Financial Market Stabilisation (Bundesanstalt für Finanzmarktstabilisierung, FMSA), Erste Abwicklungsanstalt (EAA), and WestLB on a binding framework for the restructuring plan of WestLB....
More: Shareholders agree on binding framework for the restructuring plan of WestLB
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10/06/2011
The federal government representatives on the Supervisory Board of WestLB, Dr. Annette Messemer and Hildegard Müller, resign from the Supervisory Board with immediate effect at their own request. ...
More: Dr. Annette Messemer and Hildegard Müller to resign from Supervisory Board of WestLB
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19/05/2011
WestLB´s owners and the FMSA today confirmed that the focus is now on the Verbundbank and the sale of business areas and that a sale of the Bank as a whole has taken a back seat....
More: WestLB Makes Preparations for the Sale of Business Areas
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05/05/2011
WestLB´s Managing Board and Supervisory Board today agreed, in the light of the clear positioning of the European Commission, that the Managing Board will cooperate pro-actively with all stakeholders to implement the concept of a Verbundbank....
More: WestLB Managing Board and Supervisory Board Press Ahead with the Reorganisation of the Bank
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25/03/2011
- Operating profitability substantially improved - Costs decreased by a further 13% - Core capital ratio rises to 11.4% - Total assets reduced by 21% and RWA by 41%...
More: WestLB Core Bank Posts Pre-Tax Profit of € 446 Million
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01/03/2011
The Managing Board prepared the annual financial statements of WestLB AG for the 2010 financial year on March 1, 2011 under German GAAP....
More: WestLB AG posts a break-even result for the 2010 financial year
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16/02/2011
The German federal government submitted the revised restructuring plan approved by the WestLB Supervisory Board to the European Commission on February 15, 2011 within the agreed timeframe....
More: Restructuring Plan Submitted to the European Commission within the Agreed Timeframe
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26/01/2011
Notification of the WestLB AG Supervisory Board
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More: Dr. Hans-Jürgen Niehaus to leave WestLB AG by mutual agreement and at his own request