DW-WORLD: Bank Merger Speculation Abounds as Market Pressure Continues As pressure on financial markets grows around the world, a major reorganization of the German banking sector could be in store as institutions consolidate.
Thousands of jobs may hang in the balance. (24.07.2008) DW-WORLD: Troubled German Lender IKB Posts Whopping Loss German lender IKB reported a net loss of around one billion euros ($1.6 billion) for the first nine months of its 2007/2008 fiscal year. Hit hard by the subprime crisis, the bank had been rescued with public funds. (27.05.2008) DW-WORLD: German Subprime Casualty IKB Accused of Insider Trading In Europe's first criminal investigation associated with the US subprime disaster, a German lender has been accused of insider trading shortly before its shares plummeted dramatically due to the banking crisis. (23.04.2008)
(Deutsche Pope warns of 'spiritual desert' ...
Frankfurt is Germany's Most Robust City, Says Study ... Welle)
more info >>
<< Back