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HSH Nordbank reports €453m pre-tax loss but sees light at the end of long dark tunnel

HSH Nordbank reports €453m pre-tax loss but sees light at the end of long dark tunnel
By James Wallace
April 26, 2018 | 7:34 P.M.

HSH Nordbank, which is in the process of a sale to a consortium of private equity investors, reported an annual pre-tax loss of 453m in 2017 and has set aside a further 1.1bn for write-downs associated with the sale of 6.3bn non-performing loan sales.

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