Dublin-based Depha bank posted €79.4m loss before sale deal
German state bad bank sold business to Bawag, which will continue the orderly winding down of the business
Dublin-based Depfa to be bought by Austria’s Bawag
Bank expects to make money by running down former public sector lender
Austrian lender Bawag emerging as frontrunner to acquire Dublin-based Depfa
Depfa is former unit of Hypo Real Estate, which was bailed out in Germany
Depfa bypasses ECB ban with €150m dividend payout
Bank based in Dublin is in wind-down mode and has more than €630m in reserves
Depfa sees fresh bid interest from Apollo and JC Flowers
The German lender based in Dublin has also drawn interest from hedge funds
Germany gives potential Depfa bidders three weeks to register
Bank nearly collapsed during 2008 financial crisis
Overseas-owned Irish banks hold off on dividends
ECB said capital may be needed to support lending to households and businesses during pandemic
Depfa is ‘structurally lossmaking’ agencies say ahead of sale
Revenue of Irish-based German bank insufficient to cover costs, Moody’s and S&P note
Depfa sale under consideration, German bad bank confirms
German bank likely to strip out Dublin-based bank’s excess capital before seeking disposal
German bad bank eyes Depfa special dividend as excess equity tops €800m
Depfa’s net profit almost doubled last year due to asset and liability transactions with FMS-WM
Depfa Bank and Apex Fund Services to let new Irish Life block
Refurbished building on Lower Abbey Street attracts rents of €45 per sq ft
Germany considers new attempt to sell Dublin-based Depfa Bank
Depfa executives and FMS-WM believe sale of licensed Irish bank could play into Brexit shakeout
Dublin-based Depfa swings into profit as wind-down accelerates
Depfa Bank was bought by Munich-based Hypo Real Estate in 2007
German bad bank moves asset admin to Dublin
FMS Wertmanagement had €20.3bn of UK assets at the end of 2015
Depfa Bank assets rise 6% despite wind-down
Dublin-based bank posts €54 million pretax loss for first six months of 2016
German bad bank speeds up wind-down of Dublin's Depfa
FSM Wertmanagement buys €5.6bn of Depfa’s bonds and shrinks bank’s assets by 25%
Dublin-based Depfa sold to German ‘bad bank’ for €320m
Bank will continue to operate in Dublin but will not take on any new business
Depfa saga ends but at what cost to Germany?
The bank’s fall is a fascinating story, but the jobs of its Irish employees should be safe
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