LBBW in New York
The New York Branch is LBBW’s hub for North America, serving corporate clients in real estate, project finance, and select treasury/capital market services.
The branch in New York is LBBW’s largest location on the American continent and, as a regional hub, is also responsible for the other locations in the Americas region. LBBW thus spans a network from Toronto, to Mexico, to São Paulo.
Our Range of Services
Corporate customers
- Providing banking services for US and Canadian subsidiaries of core customers based in Baden-Wuerttemberg, the D-A-CH region, and Europe
- Providing information on the current economic situation and the regulatory environment
- Facilitating contact with authorities, service providers and local networks
Real estate and project financing
- Commercial real estate financing (residential, office, retail, and logistics) in the US and Canada
- Project financing for traditional infrastructure and transport projects, renewable energies (wind, solar, hydro), energy distribution grids, data centers, and energy transition bridging technologies (LNG export and natural gas-fueled power stations)
Treasury/Capital markets
- Foreign exchange, repo and sale transactions, loans, deposits, standby letters of credit, certificates of deposit, commercial paper, repurchase agreements and hedging
Your contact person
Leonard Crann has managed the LBBW’s New York Branch since 2010, being in charge of the regional hub Americas since 2018. From New York City he and his team support companies doing business on the American continent.
Leonard Crann
Regional Head Americas
Phone + 1 212 584 1702
Fax +1 212 584 1709
len.crann@lbbw.com
Landesbank Baden-Wuerttemberg
1185 Avenue of the Americas,
41st Floor
New York, NY 10036
US
3 Questions to Leonard Crann
We asked Leonard Crann, General Manager of LBBW New York Branch and Regional Head Americas, about the people who use his services and what his customers expect.
1. Who uses your services and expertise?
The New York Branch is active in four business lines: corporate finance, real estate finance, project finance and financial markets. Therefore, our customers cover a wide range, among them subsidiaries of European corporates, US companies, central and other banks plus a multitude of specialized funds.
2. What attractive options do customers often underestimate?
In terms of corporate finance, the excellent cooperation between LBBW’s head office and international offices can add value to the customers. Companies can use the benefit of incorporating their foreign subsidiaries as potential borrowers into ancillary facilities set up in their home markets. The New York Branch provides excellent and timely service to its customers.
3. How can you surprise customers?
LBBW has been active in the USA for over 30 years and has a long-term view of the market. LBBW has operated reliably through many economic cycles and business shocks. Though the New York Branch is a rather small bank in the US market, it has developed a niche business model and can compete with larger local banks selectively.
International network
Wherever you want to make a difference, LBBW is there. Our global international network comprises 16 locations in 15 countries.
Find out more