Helaba realigns its capital markets activities for financial institutions

Thomas Cohrs, head of  the new business line for financial instititons within the Capital Markets division

As part of its "Scope" restructuring project, Helaba has realigned its capital market activities with financial institutions and similar clients. A separate business line for financial institutions has been established within the Capital Markets division in addition to the existing business lines for commercial customers and Sparkassen. The new department encompasses all aspects of investor-driven capital market activities with banks, financial institutions, local authorities and SSAs, both in Europe and beyond. This is the first time that Helaba has pooled its primarily transaction-based capital and money market activities with its more strategy-driven structuring and sales activities, in which financial institutions and SSAs act as investors or issuers. "In this way, we want to give institutional investors access to Helaba's entire range of investment and financing services in the most optimal format possible", explains Hans-Dieter Kemler, a member of Helaba's Board of Managing Directors. "Helaba also wants to further enhance its profile as a covered bond issuer." Helaba is one of the largest Pfandbrief issuers on the market.