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(...)

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 (...)

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(...)