Depfa Bank

Apex Fund Services signs for extra office space at Irish Life Centre

Global fund services provider secures space for over 100 additional workers at Dublin 1 development

Wed May 24 2023 - 05:45

Irish-based banks rule out return to five-day office week

Staff likely to work three days a week remotely, survey finds

Wed Feb 02 2022 - 13:06

Hibernia Reit puts former Depfa Bank headquarters in IFSC on the market

Property investor understood to be seeking less than the €37.8m it paid in 2014

Wed Nov 17 2021 - 05:32

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

Overseas-owned Irish banks hold off on dividends

ECB said capital may be needed to support lending to households and businesses during pandemic

Fri Apr 03 2020 - 05:05

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

Consortium led by McCourt on track to win broadband tender

Seen & Heard: Boomtime property financier Derek Quinlan facing bankruptcy petition

Sun Mar 31 2019 - 14:45

Ireland ‘at forefront’ of planning for when banks fail, SRB chair says

Elke Koenig says Republic is proactive in ensuring that failing banks can be wound down while minimising taxpayer bailouts

Mon Nov 26 2018 - 16:17

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

Fingleton in no rush as Irish Nationwide inquiry drags on

Former chief executive feels persecuted by investigation

Thu Jul 12 2018 - 16:30

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

Hibernia Reit signs up new tenant for Windmill Lane

Autodesk understood to be taking two floors in building for initial rent of €2.8m a year

Thu Mar 29 2018 - 08:24

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

Wed Mar 28 2018 - 06:30

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

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

Bank of America Merrill Lynch retrenches further

Dublin-based bank reported €22 million loss in 2015, down from €14 million profit in 2014

Thu Jun 30 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

IFSC block sold to insurance firm for over €40m

Italian company buys one of the district's original office buildings

Wed Mar 23 2016 - 01:00

One of original IFSC office blocks for sale at €37.5m

Well-situated office building extends to 4,919sq m and will show 6.27% return

Wed Jan 20 2016 - 05:00

‘Orphan’ Depfa Bank had aid request denied, FoI records show

Released documents say German bank was not covered by Irish or German authorities

Fri Jan 16 2015 - 11:19

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

Hibernia Reit acquires Forum building in IFSC for €37.8m

Property firm makes tenth high-profile acquisition since listing on stock exchange last year

Fri Aug 22 2014 - 08:11

Micheál Martin seeks retraction from Enda Kenny of ‘partisan slur’ over bank guarantee records

Taoiseach insists documenation available is ‘inconsequential’

Wed Jun 25 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