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Credit markets take harsh view of new BayernLB boss

Monday, December 09, 2013

Spreads jump out on state-owned Bayerisch Landesbank after new management announcement

TAGS: Financials

Comment by: Anonymous. Posted 10 years ago [2013-12-10 00:18:59]

While I don't know any people involved and I really don't know anything about BLB, let me offer a different possibility. It's always frightening to investors when a CFO leaves suddenly. It's worse when a CFO and CEO both leave suddenly. The fear is that the company discovered a massive internal problem and the CFO/CEO departure is just the first visible sign.

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