#Latest news with #HelabaBloomberg4 days agoBusinessBloombergGerman Banks Pay Millions to Settle Claims by Insolvent SignaHelaba and other German lenders have paid millions of euros in recent weeks to settle claims by the administrator of former real estate tycoon Rene Benko's Signa Prime Selection AG. Helaba paid €26 million ($30 million) at the end of May as part of an out-of court settlement, Signa Prime's insolvency administrator said in a report to creditors dated Monday. Other payments include €3 million received from Deutsche Pfandbriefbank AG and €2.1 million from Bayerische Landesbank.
Bloomberg4 days agoBusinessBloombergGerman Banks Pay Millions to Settle Claims by Insolvent SignaHelaba and other German lenders have paid millions of euros in recent weeks to settle claims by the administrator of former real estate tycoon Rene Benko's Signa Prime Selection AG. Helaba paid €26 million ($30 million) at the end of May as part of an out-of court settlement, Signa Prime's insolvency administrator said in a report to creditors dated Monday. Other payments include €3 million received from Deutsche Pfandbriefbank AG and €2.1 million from Bayerische Landesbank.
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