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Pbb's Incoming Chief Executive Kay Wolf Embarks on Mission To Win Back Trust

German Property Lender Posts 50% Fall in Net Profits in 2023
Chief executive Kay Wolf said the bank is in a better position than the capital markets suggest. (pbb)
Chief executive Kay Wolf said the bank is in a better position than the capital markets suggest. (pbb)

Deutsche Pfandbriefbank has reported a 50% drop in net profit for the full-year 2023 as incoming chief executive Kay Wolf embarked on mission to win back trust.

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