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Landesbank

   Also found in: Acronyms 0.01 sec.
Landesbank
One of several regionally organized banks owned by the German government. Landesbanken are wholesale banks; that is, they offer services to institutional investors, businesses (especially large businesses), other banks, and investment vehicles such as mutual funds or pensions.


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Landesbank Baden-Wuerttemberg (LBBW), the biggest regional bank, said last Friday it was raising five billion euros in fresh capital and 15 and 20 billion euros in loan guarantees.
But reform-minded leaders of the savings banks and Landesbank sector are chained to deep entrenched powerful political structures.
Wain previously was a Senior Vice President at Bayerische Landesbank in New York.
 
 
 
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