Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- abbreviation Holy Roman Empire
Etymologies
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Examples
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A spokesman for HRE, which is listed on Germany's blue chip stock index DAX, said the group was "working around the clock" with regulators, investors, shareholders and the government.
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"HRE has not been fully recapitalized, and all non-core assets, including euro-periphery sovereign risk, are still on its books."
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The German government has pledged to privatize HRE but hasn't set a date.
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That would create one of Germany's biggest real-estate lenders, though still dwarfed by HRE and Eurohypo, which have total assets of
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HRE is one of 14 German banks to be included in the CEBS test.
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The CEBS also announced on July 23 that the capital deficit of the banks that failed -- five Spanish cajas, Germany's Hypo Real Estate (HRE) and Greece's ATEbank -- amounted to only 3.5 billion euros ($4.5 billion).
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The CEBS also announced on July 23 that the capital deficit of the banks that failed -- five Spanish cajas, Germany's Hypo Real Estate (HRE) and Greece's ATEbank -- amounted to only 3.5 billion euros ($4.5 billion).
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HRE has said it won't comment on the test results until after they are released publicly.
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The CEBS also announced on July 23 that the capital deficit of the banks that failed -- five Spanish cajas, Germany's Hypo Real Estate (HRE) and Greece's ATEbank -- amounted to only 3.5 billion euros ($4.5 billion).
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Even within a German banking landscape littered with banks that have failed to cope with the effects of the financial crisis, HRE is something of a unique case.
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