However, provided that no new dramatic slump occurs on the

admin on 27 de Abril de 2014

Canada Goose Jackets Greece exposure hit WestLB Canada Goose Jackets

Canada Goose Parka By Edward Taylor Canada Goose Parka

Canada Goose sale FRANKFURT, Aug 25 (Reuters) German landesbanks WestLB and LBBW said their first half earnings were weighed down by Greece exposure canada goose uk shop and restructuring, factors that made it difficult for either public sector Canada Goose Outlet lender to give a clear forecast for Canada Goose Jackets 2011. Canada Goose sale

buy canada goose jacket cheap WestLB said ongoing restructuring expenses weighed down first half earnings as the troubled German bank prepares to break itself buy canada goose jacket up. buy canada goose jacket cheap

cheap Canada Goose The lender posted a net profit of Canada Goose Online 36 million euros ($52 million) in the January to June period, Canada Goose sale down by half from 67 million in the year earlier period as it transferred portfolios to the German government bad cheap canada goose uk bank. cheap Canada Goose

Canada Goose online Restructuring expenses rose to 158 million euros from 30 million in the year earlier period, as the transfer of portfolios to a state controlled bad bank and impairment charges of canada goose store 29 million euros on Greek government bonds offset a recovery canada goose in trading income. Canada Goose online

canada goose clearance The corporate and structured finance canada goose clearance sale segment accounted for 177 million euros in pretax profit, compared with a 50 million euros pretax profit for the group in the first half of 2011. canada goose clearance

Canada Goose Outlet transformation of WestLB is replete with uncertainty and may entail further substantial restructuring expenses. It is canada goose uk black friday not possible to make a reliable statement canada goose factory sale about the results for 2011 as awhole at the present time, the bank said as it awaits regulatory approval for its overhaul plans. Canada Goose Outlet

canada goose European Union regulators said they would buy canada goose jacket cheap finalise a review of WestLB restructuring cheap Canada Goose plan by autumn. canada goose

canada goose store The overhaul foresees Germany third largest landesbank owned by the German state of North Rhine Westphalia (NRW) and local savings banks spin off a new bank with a balance sheet of 40 45 billion euros catering for regional savings banks. canada goose store

canada goose coats The new Verbundbank will be funded and owned by a group canada goose black friday sale of canada goose coats on sale NRW based savings banks and will have 400 employees roughly a tenth of uk canada goose outlet the current WestLB staff. canada goose coats

canada goose black friday sale Separately, Stuttgart based LBBW swung uk canada goose to a canadiangoose jacket 601 million euros pretax profit in the first half of 2011, up from the 321 million euros loss in the year canada goose coats earlier period but weighed down by a 450 million euros charge on Greece exposure. canada goose black friday sale

canada goose deals LBBW said it still expects to Canada Goose online make a full year profit in 2011 even though first half earnings were distorted by one off items such as a tax charge. canada goose deals

canada goose coats on sale performance in Canada Goose Coats On Sale the first six months, which canada goose uk outlet was influenced by numerous exceptional items, cannot be taken as guidance for our full year earnings. However, provided that no new dramatic slump occurs on the financialmarkets, we expect LBBW to make a profit this year both pursuant to canada goose clearance IFRS and Canada Goose Parka in accordance with HGB, explained Hans J Vetter, Chairman of the Board. ($1 = 0.694 Euros) (Reporting By Edward Taylor; Editing by Hans Juergen Peters) canada goose coats on sale.

Deixe uma resposta

O seu endereço de email não será publicado. Campos obrigatórios marcados com *