All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
FIGCovered Bonds

Goodbye Essenhyp and thanks for the memories

The once-proud name of Hypothekenbank in Essen is taking its last bow with the announcement today that Commerzbank will be merging it into Eurohypo. The disappearance of one of the trailblazers of the jumbo Pfandbrief market was seen as inevitable since last year when Commerzbank made clear its intention to take full control of its part subsidiary and with the resignation of Essenhyp founder and chairman Hubert Schulte-Kemper last March.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree