Depfa Bank in Dublin. Photograph: Cyril Byrne

Dublin-based Depfa Bank plc has been taken over by Germany’s state-owned bad bank FMS Wertmanagement six years after it almost collapsed in the fin(...)

Depfa, based in the IFSC, plays no active role in the HRE group under the terms of a 2008 rescue plan that resulted in the property group’s nationalisation in 2009. Photograph: Cyril Byrne

Dublin-based Depfa Bank is to be sold off by its Munich-based parent, Hypo Real Estate, five years after both were rescued from collapse b(...)