The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.

WestLB on the trail of an elephant

WestLB’s principal finance team has set itself the task of landing a trophy deal. So far it has had the full support of the state-owned German bank’s chairman and credit committee. Yet the profitability of the business remains unclear and some suspect its head, Robin Saunders, is concentrating on making a name for herself.

       
Sladden, Saunders and Gardner:
"We want to challenge assumptions"

In mid-October, WestLB sent the UK transport ministry a letter outlining a plan to buy Railtrack. Soon after, the letter was quoted on the front page of the Financial Times. "It was pretty amazing for all of us," says WestLB's Robin Saunders who apparently didn't think it was newsworthy. "I'd assumed that half a dozen other banks were doing the same thing," she says.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of acces below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£68.33 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree