HSH Nordbank swings back to profit

  • Wednesday 02 March 2011, 15:04

HSH Nordbank has met its target of returning to profitability in 2010. The bank reported a modest after-tax profit of €48m ($66m) for last year, following a loss of €743m a year earlier.The core bank achieved earnings before restructuring of €574m, up from €354m in 2009. The restructuring...

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