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21.08.2008 - Lone Star Equity Group to Buy German Subprime Casualty IKB

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.

The news are represented by www.info-turkey.ru

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 Welle)


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