Hypo Real Estate Bank chief executive Georg Funke with Depfa chief Gerhard Bruckermann in 2007 when Depfa was bought by the commercial property bank. Photograph: Thorsten Jochim/Getty Images

The German state bad bank that took over Depfa Bank five years ago is pressing ahead with preparations to sell the Dublin-based public sector lender n(...)

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(...)

 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(...)

Depfa made a €49 million net loss last year, having turned in a €187 million loss in 2014. Illustration: Getty Images

A German state bad bank has accelerated the wind-up of Dublin-based lender Depfa Bank, after buying back €5.6 billion of its bonds from the market so(...)

 A television monitor displays news of the Brexit vote on the floor of the New York Stock Exchange: financial markets are bracing for the outcome of Thursday’s historic UK referendum. Photograph: Drew Angerer/Getty Images

European equities extended their rally into a fifth day, while Britain’s top share index rose to a two-month high on Thursday as the UK voted on memb(...)