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The management of HSH Nordbank, the German regional bank, has said that it aims to create a structure for the bank which will allow its owners the option of selling shares via the stock market. HSH Nordbank is a public limited company which was formed through the merger of two publicly-owned regional banks. Its owners include the city of Hamburg, with 35.4 per cent, the regional bank WestLB, with 26.9 per cent, the Land of Schleswig-Holstein, with 19.6 per cent, and publicly-owned savings banks (Sparkassen) in Schleswig-Holstein, with 18.2 per cent.
HSH Nordbank is planning closer collaboration with the savings banks in …