Law360, New York (November 04, 2009) -- The European Commission has launched an in-depth probe into possible aid Sparkasse KolnBonn has received and asked the German savings bank to provide a restructuring plan, the competition watchdog said Wednesday.
The regulator plans to investigate whether actions from the cities of Cologne and Bonn — Sparkasse's majority shareholders — to increase the bank's capital count as state aid that could...
