Media: Giant deficit awaits German shipping bank
![Photo: HSH Nordbank](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article5463831.ece/ALTERNATES/schema-16_9/HSH%2520Nordbank%25203.jpg)
When German HSH Nordbank presents its annual report for 2013, the result will not be pretty, say sources familiar with the bank's loans, according to the Financial Times. The sources say that the bank will publish a deficit of almost EUR 800 million, one of the worst results since the financial crisis hit the industry in 2008.
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