PBB’s profit plunges 74% in Q2 2024, , – Homevior
Representative image FRANKFURT: Deutsche Pfandbriefbank (PBB), one of Germany’s top property financiers, reported on Wednesday a 74% plunge in second-quarter profit and set aside more money to cover potential bad loans in a weak U.S. office market. The move follows a wave of bad news this year for the bank, which dates back to the …
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