Hypo Real Estate Holding AG, the commercial-property lender rescued by the German government following the financial crisis, failed a Europe-wide banking stress test, two people familiar with the results said. The state-owned bank didn’t pass a stress scenario on its capital that assumes an economic slowdown and sovereign-debt losses.
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Gateway First Bank made back-to-back announcements this week regarding two key hires. The bank welcomed Joell Maddox as director of treasury services and Thomas Ramm joined as chief investment officer.