WestLB makes loss for 2007, BayernLB in Eu175m profit

  • 04 Apr 2008

WestLB reported its first loss in three years on Wednesday, as it suffered Eu2.01bn in writedowns on the back of capital market turmoil.

The bank, which is owned by the German state, announced a net loss of Eu1.6bn in 2007, compared with a Eu799m profit in 2006.

"WestLB ...

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