West LB
WestLB AG - derived from Westdeutsche Landesbank, i.e. Western German state Bank - was a European commercial bank based in Düsseldorf in Germany which was partly owned by the German state of North Rhine-Westphalia. German state banks are a group of state owned banks unique to Germany. They are regionally organised and their business is predominantly wholesale banking. As of 30 June 2012 WestLB was downsized and Portigon Financial Services AG became the legal successor of WestLB.
Read more about West LB: History, Stockholders
Famous quotes containing the word west:
“Just how difficult it is to write biography can be reckoned by anybody who sits down and considers just how many people know the real truth about his or her love affairs.”
—Rebecca West [Cicily Isabel Fairfield] (1892–1983)