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Airline exposures threaten Landesbank ratings

Germany’s state-controlled Landesbanks could see their premier ‘AAA’ ratings downgraded due to large exposure to the airline industry. Landesbanks, which have carved a niche in airline financing in the past few years, have gross exposures to the airline…

The bigger picture

Paul Moore of PM Capital says there is more to be learnt through assessing corporate behaviour than panicking over the more fickle markets

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