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GERMAN HYPOVEREINSBANK EXTRAORDINARY SHAREHOLDER MEETING IN MUNICH, 1999-12-17 (photo)

IMAGE number
REU8535880
Image title
GERMAN HYPOVEREINSBANK EXTRAORDINARY SHAREHOLDER MEETING IN MUNICH, 1999-12-17 (photo)
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Medium
photograph
Date
1999 AD (C20th AD)
Shooting Date
1999-12-17
Image description

Shareholder of Germany's troubled HypoVereinsbank AG wait for the speech of CEO Albrecht Schmidt prior to an extraordinary shareholder meeting in Munich, December 17. Hypovereinsbank will make no surprise merger announcements but will address HypoVereinsbank's strategy in a consolidating domestic market, according to a source familiar with Schmidt's planned speech.Analysts say the bank must make a clean break with the past after October's dramatic boardroom shake-up that saw seven top managers resign in the wake of a special audit into 3.5 billion marks devoted to special real estate provisions in 1998. MAD

Photo credit
REUTERS / Bridgeman Images
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