A Munich court is hearing arguments into whether the near-collapse and subsequent nationalisation of HRE was triggered by liquidity problems at Dublin-based Depfa in the wake of the 2008 Lehman Brothers collapse. Photograph: Christof Stache/AFP

A former board member of property lender Hypo Real Estate (HRE) has denied it acquired a “ticking time bomb” through its 2007 takeover of Dublin-ba(...)

Lead prosecutor Christian Wefers (right) and lawyers  await the start of the claim for damages trial against German property lender Hypo Real Estate in a courtroom in Munich. Photograph: Michaela Rehle/Reuters

Former investors in Hypo Real Estate (HRE) launched a test case in Munich yesterday, demanding compensation for losses sustained by the bank’s near(...)

Hypo Real Estate Bank  chief executive officer Georg Funke, left, shakes hands with Depfa chief executive officer Gerhard Bruckermann at a press conference in Munich, Germany on July 23, 2007. Hypo Real Estate had agreed to buy Depfa Bank for €5.7 billion. It is now looking to sell the Dublin based bank for about €350 million. Photograph: Thorsten Jochim/Bloomberg

Hypo Real Estate Holding, the German lender that received a government bailout, drew offers of as much as €350 million for Dublin-based Depfa Bank. A (...)

“Depfa’s problem balance sheet would have sunk Ireland in 2008 and the German’s regulator’s acceptance that Depfa was its problem is one of the few breaks that Ireland got at the time.” Photograph: Cyril Byrne

The Depfa saga rumbles on, with reports over the weekend that the most likely buyer for the zombified Dublin-based public-sector lender is a consortiu(...)

The report into the final year of Hypo Real Estate suggests the bank could have avoided disaster  had it reacted in time to deteriorating market conditions. Photograph: AP Photo/Michael Probst

The board of Germany’s Hypo Real Estate breached German stock market and banking law with its “inadequate liquidity management”, according to a draft (...)

“HRE would have gone down on its own, because of its own business,” says  a former Deutsche Bank executive. Photograph: Cyril Byrne

Dublin-based Depfa bank was the “final nail in the coffin” of Germany’s Hypo Real Estate (HRE) but not the sole trigger of the group’s 2008 state bail(...)

Done deal: Hypo Real Estate Bank AG CEO Georg Funke (left) shakes hands with Depfa CEO Gerhard Bruckermann at a press conference in Munich on July 23rd, 2007 to announce that Hypo had agreed to buy Depfa for ¤5.7 billion to form, at the time, Germany’s biggest real estate financing company. photograph: thorsten jochim/bloomberg news/via getty images

There were few tears in Germany this week when Munich’s Hypo Real Estate announced it was auctioning off its Dublin-based lender, Depfa.In a caustic c(...)

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(...)

“It was the Irish government that imposed the farthest-reaching guarantee for its banking system at the start of the crisis – on its own initiative,” said German finance minister Wolfgang Schäuble. Photograph: Eric Luke

On a dismal Tuesday night, 600 Berliners have braved the snow and a bitter, Siberian wind to fill the Deutsches Theater. Six bankers prowl the (...)