Nationalised German lender Hypo Real Estate said last week that it hopes to complete the planned move of around EUR 210 bn of toxic assets into a 'bad bank' during the fourth quarter of the year. In a statement announcing its Q2 financial results, the Munich-based bank also said that it plans to 'give guidance for 2011 towards the end of this year, once the planned transfer of non-strategic assets and risk positions to FMS Wertmanagement has been concluded'.
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