Русская версияDW-WORLD:
Lone Star Equity Group to Buy German Subprime Casualty IKB
Lone Star, a private US-based equity group, is to buy a majority
share in Germany's IKB, the country's first and most prominent
casualty of the subprime mortgage crisis.
(21.08.2008)
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)
(Deutsche Welle)
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