Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2017
Lehman Brothers securities proceedings discontinued
Preliminary prosecutorial proceedings concerning the collapse in value of Lehman Brothers securities were discontinued in 2017. The available account states that no indications of misconduct by HYPO NOE’s executive bodies were found.
2007
Augustus Funding investment-limit controversy
HYPO Investmentbank acquired a 20 percent interest in Augustus Funding Ltd. in Dublin in a transaction reported at approximately €800 million. Austrian financial authorities alleged that the investments exceeded the applicable large-investment limit. A penalty paid in 2011 was later remitted after the bank successfully challenged the assessment before the Administrative Court in 2013.