November 23, 2007

German bank IKB faces more hisk-risk mortgage problems: report (AFP)

The IKB headquarters in Berlin, Germany.(AFP/File/Barbara Sax)AFP – German banks that helped pull peer IKB back from the brink of bankruptcy in late July no longer want to pay for the public institution, which might need millions more to replenish its coffers, press reports and spokespeople said Friday.

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