November 16, 2007

Subprime-hit German bank IKB could unveil more losses: report (AFP)

The logo of the German bank IKB Deutsche Industriebank AG is pictured at the company's headquarters in Berlin. German bank IKB, saved from the brink of bankruptcy three months ago, could announce more losses from the US subprime crisis, a press report said Friday.(AFP/File/Barbara Sax)AFP – German bank IKB, saved from the brink of bankruptcy three months ago, could announce more losses from the US subprime crisis, a press report said Friday.

Filed under Real Estate Blog, Real Estate Business by Yahoo! News: Business - Real Estate

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