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Europe Daily Bulletin No. 8339

14 November 2002
Contents Publication in full By article 13 / 34
GENERAL NEWS / (eu) eu/competition
Investigation procedure against five regional banks in Germany

Brussels, 13/11/2002 (Agence Europe) - The European Commission has opened formal investigation procedure against five regional German banks that are said to have benefited from capital and asset transfers from the Länder on which they depend, according to preferential terms and conditions. During the nineties, these banks - Landesbank Schleswig-Holstein, Hamburgische Landesbank, Norddeutsche Landesbank, Landesbank Hessen-Thüringen and Bayerische Landesbank - received capital deposits in...

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