The HSH Nordbank saga took another turn this week when the state governments for Hamburg and Schleswig-Holstein asked Hilmar Kopper, chairman of the supervisory board at the troubled Landesbank, to dismiss CEO Dirk Jens Nonnenmacher and to appoint a new chairman of the management board.
Empira Group, the €9bn AUM Swiss-based real estate investment company, has raised over $120 mln so far towards a $600 mln (€558 mln) fund target for a US vehicle.
