February 08, 2024 BY Simon Mugo

PBB, a German Bank, Says It Can Handle the US Real Estate Crisis

PBB, a part of the SDAX small-cap index that strongly emphasises real estate financing, made this reassurance in its second extraordinary disclosure in as many days as its equity and debt instruments experienced market pressure. The bank had previously characterised the current situation in the U.S. market as "the most significant real estate crisis since…

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