German Banks Show Strong 1997 Results; Hypobank/Vereinsbank Name Managers

- By FX Markets Staff
- @FXMarkets_
- 06 Apr 1998

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FRANKFURT--Most German banks released annual results last week, showing strength across the board. While Dresdner Kleinwort Benson shows a 217 per cent improvement in annual FX and precious metals trading, Commerzbank reports an 87 per cent increase in FX. Meanwhile, Bayerische Hypotheken-und Wechsel-Bank (Hypobank) and Bayerische Vereinsbank (BVB) have announced the first round of appointments in the merger that will create Bayerische Hypo-und Vereinsbank (BHV), if shareholder approval is

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