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Landesbank Baden Wurttemberg

LBBW Landesbank Baden-Wurttemberg is a both an universal bank and a commercial bank with a regional focus.

Overview Structured Data Issues Contributors Activity

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Edits on 19 Aug, 2024

"Infobox creation from: Wikidata data enrichment"

Golden AI

approved a suggestion from Golden's AI on 19 Aug, 2024

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Infobox (+5 properties)

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CEO

‌

Rainer Neske

Industry

Financial services

Legal Entity Identifier

B81CK4ESI35472RHJ6060

Location

Stuttgart

Number of Employees

10,8390

"Goldmine dedupe task response id: 2593133"

Jack Wright

edited on 19 Aug, 2024

Edits made to:

Infobox (+10 properties)

Timeline (+7 events) (+1309 characters)

Article (+622 characters)

Landesbank Baden Wurttemberg

LBBW Landesbank Baden-Wurttemberg is a both an universal bank and a commercial bank with a regional focus.

Article

Landesbank Baden-Württemberg (LBBW) is a universal bank and the Landesbank for some Federal States of Germany (Baden-Württemberg, Rheinland-Pfalz, Sachsen). As of 2018, it is Germany's biggest state-backed landesbank lender.

LBBW is a full-service and commercial bank and central bank for savings banks in Baden-Württemberg, Rhineland-Palatinate and Saxony. The company focuses on industrial technologies, information technology, software, telecommunication, innovative services and life science. It prefers to invest in Southern Germany, but also considers investments in other regions of Germany, Austria and Switzerland.

Infobox

Also Known As

Landesbank Baden-Württemberg

YouTube Channel

https://www.youtube.com/user/LBBWDirekt

Strategic Partnerships

‌

cats

Email Address

kontakt@lbbw.de

Facebook URL

https://www.facebook.com/LBBW.Stuttgart/

Founded Date

January 1, 1999

Owner

Kreissparkasse Ludwigsburg

Phone Number

+497111270

Short Name

LBBW

Wikidata ID

Q451814

Timeline

2019

LBBW became one of six banks to be mandated by the Islamic Development Bank (IsDB) to raise $1.5 billion in five-year sukuk.

2015

In 2015, an LBBW subsidiary in Switzerland agreed with the U.S. Department of Justice to pay a penalty of $34,000 to avoid possible prosecution for helping U.S. account holders conceal assets from the Internal Revenue Service and evade taxes. The subsidiary, LBBW (Schweiz) in Zurich, had previously held 35 U.S.-related accounts with $128 million in assets under management since August 2008.

2009

In late 2009, state prosecutors raided the Stuttgart headquarters of LBBW as part of an investigation into alleged breaches of trust in connection with the bank's subprime investments. Several managers were later tried on accounting charges.

April 1, 2008

LBBW re-organized its activities in Central Germany (Thuringia, Saxony-Anhalt and Saxony) under the umbrella of Sachsen Bank.

2007

The state governor of Baden-Württemberg, Günther Oettinger, announced that LBBW would pay an initial 250 million euros, or $342 million, for its competitor Sachsen LB

August 1, 2005

Baden Württembergische Bank (BW-Bank) was incorporated into LBBW as a legally dependent institution under public law.

January 1, 1999

Landesbank Baden-Württemberg (LBBW) was formed through the merger of SüdwestLB, Landesgirokasse, and the commercial banking business of L-Bank.

Edits on 15 Aug, 2024

"update entity type supersets"

Golden AI

edited on 15 Aug, 2024

Edits made to:

Infobox (+1 properties)

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Is a