Bloomberg News

LBBW Says EBA Deems Lender Has EU364 Million Capital Shortfall

October 27, 2011

Oct. 27 (Bloomberg) -- Landesbank Baden-Wuerttemberg said the European Banking Authority deems the lender has a shortfall of 364 million euros.

The bank said in an e-mailed statement it does not see the need for “fresh money”, adding that it would need capital in an adverse situation.

To contact the editor responsible for this story: Rajiv Sekhri at rsekhri1@bloomberg.net


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