02/17/2009
HSH Nordbank announces details of realignment
The Management Board of HSH Nordbank has presented its concept for the Bank’s strategic realignment and the sustained strengthening of its capital resources to the Supervisory Board. A decision on implementing the concept will be taken next week.
read more02/13/2009
AD HOC: HSH Nordbank reporting net loss for 2008
According to preliminary non-audited IFRS group figures, HSH Nordbank closed 2008 with a consolidated net loss of around EUR 2.8 billion before restructuring costs, taxes and loss participation (previous year: net profit of EUR 285 million).
read more02/12/2009
HSH Nordbank receives healthcare industry award
Project Finance Magazine will present HSH Nordbank with an award today.
read more01/19/2009
Robin Das appointed Deputy Head of Shipping
HSH Nordbank has appointed Robin Das to fill the position of Deputy Head of the Shipping unit.
read more01/12/2009
HSH Nordbank issues benchmark bond
Around noon today HSH Nordbank closed the books for its first benchmark bond guaranteed by the Sonderfonds Finanzmarktstabilisierung (SoFFin).
read more01/11/2009
Statement by HSH Nordbank
HSH Nordbank wishes to emphasize the following points:
read more12/16/2008
HSH Nordbank committee discusses realignment
The Management Board and Supervisory Board of HSH Nordbank discussed in this Monday’s Supervisory Board meeting a comprehensive strategic realignment of the bank.
read more12/01/2008
Five JTF awards for HSH Nordbank’s Transportation Finance
HSH Nordbank has received multiple awards from international specialist periodical Jane’s Transport Finance (JTF) for the third time running. At this year’s Gala Awards Dinner in London’s Merchant Taylors’ Hall, HSH Nordbank’s Transportation Finance team received as many as five of the sought-after awards for its work this year. The Bank was awarded the “Aircraft Finance Innovator of the Year”, the “Aircraft Debt Deal of the Year – Middle East”, the Aircraft Capital Markets Award, the “Airport Finance Deal of the Year Europe” and the “European Rail Deal of the Year”.
read more11/21/2008
HSH Nordbank receives guarantees from SoFFin
HSH Nordbank will have access to governmental guarantees from SoFFin, the German financial market stabilisation fund, of up to EUR 30 billion. This was agreed by SoFFin and HSH Nordbank on Friday.
read more11/17/2008
HSH Nordbank Supervisory Board appoints Dirk Jens Nonnenmacher as CEO
The Supervisory Board of HSH Nordbank today officially appointed Prof. Dr. Dirk Jens Nonnenmacher as CEO.
read more11/11/2008
Michaela Fischer-Zernin temporarily takes charge of Corporate Communication
The head of Corporate Office & Marketing, Michaela Fischer-Zernin, is temporarily taking charge of HSH Nordbank’s Corporate Communication with immediate effect. In this important phase for HSH Nordbank, Ms. Fischer-Zernin will be contributing her many years of experience in PR work together with her strategic knowledge of the Bank to this crucial position. The previous head of communications, Dr. Bernhard Blohm, has resigned with immediate effect and will be leaving the Bank at the end of the year, as previously announced.
read more11/10/2008
Chief Executive Officer Hans Berger resigns
Due to the impact of the crisis on the financial markets on HSH Nordbank, CEO Hans Berger has handed in his resignation to the Chairman of the Supervisory Board and the stockholders of the Bank.
read more11/03/2008
HSH Nordbank makes use of guarantee fund
The Management Board has decided to make partial use of the German government’s package of measures aimed at stabilizing the financial market. The Bank’s Supervisory Board acknowledged and approved this decision at its extraordinary meeting held in Kiel today.
read more10/31/2008
UBS fails in US-Courts
The New York State Supreme Court rejected UBS’s motion to dismiss the case relating to USD 500 million of “North Street 2002-4” CDOs which UBS sold to HSH in 2002. With it the New York State Supreme Court allowed the case filed by HSH Nordbank against UBS.
read more10/27/2008
HSH Nordbank bolsters Lindenau shipyard with large loan
HSH Nordbank makes a line of credit for EUR 28 million available to the Lindenau shipyard, which is currently under insolvency administration.
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