Landesbank Merger Talks Break Down

Merger talks between two of Germany’s state-run landesbanks, Bayerische Landesbank and WestLB, have broken down.

  • 04 Nov 2010
Merger talks between two of Germany’s state-run landesbanks, Bayerische Landesbank and WestLB, have broken down. Bayerische said economic benefits of a tie-up compared to the profitability of an independent BayernLB do not “sufficiently outweigh typical challenges of implementing a merger of this size.” Under terms of its government ...

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