Subscribe to RSS feedNordbank scraps container finance
by
Obsidian
—
last modified
Feb 26, 2009 12:00 AM
HSH Nordbank, the world's largest shipping bank, will scrap its container financing business as part of a wide ranging reduction of activities which will see 1,100 of the 4,400 jobs lost at HSH.
The bank is owned by the states of Hamburg and Schleswig-Holstein and US-investor JC Flowers, and has a ship financing portfolio of more than E30bn (US$37.7bn).
This activity is not on the list to be scrapped and will be...
This full article is available to Lloyd's List DCN subscribers only.
If you are already a subscriber, please sign in below.
If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.
Alternatively, click here to subscribe.
| Tweet |
