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Germany: Berenberg Bank rocked by questionable loans

Private bank Berenberg dismissed its entire management in June following revelations about risky loans.

Published 7sem1 sourceNotable
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The fact

Based in Hamburg, the historic institution has been under pressure for months.

German and European regulators may tighten controls on non-performing loans.

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Why it matters

La crise chez Berenberg, une des plus anciennes banques privées allemandes, illustre les risques systémiques liés aux crédits non performants dans le secteur financier européen. Les régulateurs pourraient renforcer les exigences de transparence.

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