The Irish Times

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

Mon Apr 05 2021 - 06:00

Dublin-based Depfa to be bought by Austria’s Bawag

Bank expects to make money by running down former public sector lender

Mon Feb 15 2021 - 13:22

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

Thu Feb 11 2021 - 16:58

Depfa bypasses ECB ban with €150m dividend payout

Bank based in Dublin is in wind-down mode and has more than €630m in reserves

Tue Dec 08 2020 - 19:16

Depfa sees fresh bid interest from Apollo and JC Flowers

The German lender based in Dublin has also drawn interest from hedge funds

Mon Aug 10 2020 - 04:40

Germany gives potential Depfa bidders three weeks to register

Bank nearly collapsed during 2008 financial crisis

Tue Jul 14 2020 - 10:28

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

Mon Feb 03 2020 - 08:00

Germany’s sale of Depfa Bank advances as S&P questions strategy

Dublin-based Depfa is planning to hand back excess capital to German bad bank FMS-WM

Tue Oct 01 2019 - 05:15

Ten years on: The night of the 280-word guarantee that cost €32bn

By September 2008, it was obvious something had to be done to save Anglo

Fri Sept 28 2018 - 05:30

The day the banks stood still: counting the cost of the crash a decade later

Key players recall events leading to the bank guarantee – and its aftermath

Fri Sept 28 2018 - 05:30

Depfa sale under consideration, German bad bank confirms

German bank likely to strip out Dublin-based bank’s excess capital before seeking disposal

Tue Apr 10 2018 - 17:21

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

Fri Mar 30 2018 - 06:25

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

Mon Oct 30 2017 - 06:00

Hypo Real Estate court case ends with a whimper

German prosecutors drop fraud charges against ex-managers of bailed-out lender

Fri Sept 29 2017 - 16:40

Dublin-based Depfa swings into profit as wind-down accelerates

Depfa Bank was bought by Munich-based Hypo Real Estate in 2007

Thu Mar 30 2017 - 11:58

German bad bank moves asset admin to Dublin

FMS Wertmanagement had €20.3bn of UK assets at the end of 2015

Tue Oct 25 2016 - 04:56

Depfa Bank assets rise 6% despite wind-down

Dublin-based bank posts €54 million pretax loss for first six months of 2016

Wed Aug 17 2016 - 10:16

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%

Tue Aug 02 2016 - 06:00

JC Flowers and Apollo circling Irish-based bank

EAA Covered Bond Bank being sold under wind-up of German bank WestLB

Wed Jun 01 2016 - 01:00

Subsidiary of Germany’s DZ Bank closes with loss of 20 jobs

Departure from IFSC is one in series of German banks withdrawing from Dublin

Mon Apr 11 2016 - 08:33

Nama debt no longer considered 'liability' for Government

Moody's report compares Nama performance to counterparts in Spain and Germany

Wed Oct 28 2015 - 07:23

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

Sat Dec 20 2014 - 01:00

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

Fri Dec 19 2014 - 01:40

The morning business briefing: tax avoidance on agenda

OECD focus shifts to key elements of tax structures; Hotel Indigo has Ireland in its sights

Tue Dec 16 2014 - 08:39

Germany may face €500m Hypo Real Estate compensation bill

Munich court finds HRE falsified accounts and misled investors during financial crisis

Tue Dec 16 2014 - 01:01

Ex-Hypo Real Estate chief Georg Funke faces criminal charges

Investigation concludes six years after near-collapse of bank’s Dublin subsidiary Depfa

Fri Aug 15 2014 - 01:00

GDP figures not worrying Germany

Statistics involve first use of new methodology to allow greater comparison

Fri Aug 15 2014 - 01:00

Lender’s Dublin takeover deal defended in Munich court

Some 100 former shareholders have taken compensation test case against Hypo Real Estate

Sat Feb 08 2014 - 01:00

Hypo Real Estate investors seek compensation for bank’s losses

Test case in Munich over what was once Germany’s largest real estate lender

Tue Feb 04 2014 - 01:00

Bid of €350m received for beleaguered Depfa Bank

Dublin-based bank to be sold under deal between Hypo Real Estate and EU

Mon Feb 03 2014 - 12:15

Cantillon: Defpa sale must protect Irish taxpayer

Tue Oct 01 2013 - 09:07

Hypo Real Estate board breached German law, report says

Damning report suggests bank could have avoided near-collapse

Mon Sept 09 2013 - 01:00

Depfa was ‘final nail in coffin’ of Hypo Real Estate

New light cast on dramatic events of five years ago

Fri Aug 30 2013 - 01:00

Near-collapse of German bank and its Irish subsidiary shrouded in mystery

The name of the bank that broke Ireland might not have been Anglo Irish Bank, but Depfa – to the tune of around €130bn and rising