DePfa

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Depfa Bank in Dublin. Figures contained in Depfa’s annual report suggest the bank was sitting on as much as €812 million of excess equity capital. Photograph: Cyril Byrne

The German state’s bad bank tasked more than three years ago with winding down Dublin-based Depfa Bank has confirmed that a sale of the former public-(...)

Depfa had an average of 133 employees in Dublin last year out of a total of 146. Photograph: Cyril Byrne

A German state-owned bad bank is eyeing the prospect of extracting special dividends from Dublin-based Depfa Bank as the failed lender’s annual report(...)

While Hypo Real Estate agreed to sell Depfa as part of a restructuring plan under its own bailout during the financial crisis, the German government scrapped the sale in 2014, and transferred the business to a state-owned bad bank FMS Wertmanagement (FMS-WM). Photograph: Getty Images

German authorities are considering a second attempt at selling Depfa Bank, the Dublin-based lender which nearly collapsed in September 2008, according(...)

Former Hypo Real Estate chief executive Georg Funke, pictured in a Munich court in March 2017. The case was settled today. Photograph: Christof Stache / AFP

A decade after the multi-billion bailout of Hypo Real Estate (HRE) and its Dublin subsidiary Depfa, the court case against leading managers has collap(...)

Eoghan Murphy, former minister of State at the Department of Finance, had accused other jurisdictions of regulatory arbitrage. Photograph: Cyril Byrne

It is difficult to get to grips with the battle to attract banks and other financial players relocating from London after Brexit. This is in part beca(...)

 HRE bought Depfa in 2007, but had to be rescued by the German government a year later

Depfa Bank, the Dublin-based lender rescued by German authorities during the financial crisis, swung into a €48 million profit last year as the compan(...)

The International Financial Services Centre in Dublin. It is understood FMS-WM employees are set to move into Depfa’s building in the IFSC

German state-owned bad bank FMS Wertmanagement is shifting the administration of tens of billions of assets from London to Dublin as it closes its UK (...)

Depfa, which has 128 permanent employees in Dublin, saw assets rise to €39.1 billion during the first half of this year.

Depfa Bank, the Dublin-based lender rescued by German authorities during the financial crisis, saw its assets increase by 6 per cent in the first hal(...)

Any transaction around EAA Covered Bond Bank would need the ultimate approval of the European Central Bank

US private equity firms JC Flowers and Apollo are among bidders circling a Dublin-based bank which is being sold under the wind-up of failed former G(...)

‘That German banks wrecked the Irish economy is one of the most persistent legends of the crisis. German bankers lent recklessly to the innocent Irish and then sent in Angela Merkel, the Austerity Queen, to get back their bad investments.’  Photograph:  EPA/Wolfgang Kumm

At a friend’s dinner table in Berlin recently I sat opposite a woman visiting from Ireland who had an important announcement to make. She said how, on(...)

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