German property bank PBB winds down US business, withdraws guidance
ReutersJun 18, 2025 6:12 AM
June 18 (Reuters) - Deutsche Pfandbriefbank PBBG.DE, one of Germany's top property financiers, said on Wednesday that it was withdrawing its full year guidance amid extraordinary expenses from discontinuing its business in the United States.
"The freed-up capital shall be used to accelerate bank's transformation," it added.
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