German Private Bank Reports Impressive Results, Plans JV

Hamburg-based private bank, Berenberg Bank, said that net profits rose 25 per cent in 2005 to €49.7 million ($62.2 million). The bank also said it had added €1.5 billion to its €14 billion of assets....

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By: Contributing Editor
April 28, 2006
Hamburg-based private bank, Berenberg Bank, said that net profits rose 25 per cent in 2005 to €49.7 million ($62.2 million). The bank also said it had added €1.5 billion to its €14 billion of assets....