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German Bank Offering Aid for Its Troubled Investments
Dresdner Bank said on Thursday that it would bail out its investment vehicle for complex financial products, the latest bank to take the step to avoid a forced sale of assets into turbulent markets.
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U.S. Equity Fund Acquires Troubled German Bank
The German lender IKB Deutsche Industriebank will be sold to the private equity firm Lone Star Funds, the German company’s biggest shareholder said Thursday.
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Update: Microsoft beats forecasts for Q2
Microsoft beat Wall Street expectations for both revenue and EPS (earnings per share) for its fiscal 2008 second quarter, attributing its strong quarter to sales of core client products, such as Windows Vista and Office 2007, as well as Exchange and SharePoint server
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Plan to save German bank 'agreed' - BBC News
Canada.comPlan to save German bank 'agreed'BBC News - 1 hour agoThe German government and banks have agreed a 50bn euro ($70bn; £40bn) plan to save one of the country's biggest banks, the finance ministry says.Germany guarantees all personal bank deposits Los Angel
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50-billion-euro rescue package agreed for German bank: ministry (AFP)
AFP - The German government, the Bundesbank central bank and market regulators agreed with the banking sector Sunday on a new 50-billion-euro rescue package for stricken bank Hypo Real Estate, the finance ministry said.
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Facebook lets its users translate site into German
SAN FRANCISCO (Reuters) - Facebook, the social network site that has enjoyed spectacular international growth in the past year, despite being published only in English until recently, said on Monday it was offering a German version.
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German Bank’s Chief Leaving
The KfW Group of Germany said Monday that its chief executive was stepping down, and it set aside 1.8 billion euros more ($2.8 billion) in reserves for the bailout of a German lender.
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Israel limits impact of aid to Palestinians-World Bank - Reuters
Israel limits impact of aid to Palestinians-World BankReuters - 1 hour agoJERUSALEM, April 27 (Reuters) - Billions of aid dollars pledged to the Palestinians to bolster peace talks with Israel are having a muted economic impact because of Israeli restrictions on travel and
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Citigroup Mulls German Divestment (AHN)
(AHN) - Citigroup Inc. plans to sell its German retail bank Citibank Privatkunden AG & Co. KgaA as part of its global restructuring effort. - Sat, 17 May 2008 10:04:04 GMT (AHN)
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Uproar Over German Bank’s Payout to Lehman
As the rest of the financial community was scrambling to get its money out, a government-owned German lender gave Lehman Brothers 300 million euros on the same day it filed for bankruptcy.
Home > Rss Directory > Business > NY Time
Bank May Buy Troubled Giant in Home Loans
Countrywide Financial, the troubled lender that became a symbol of the excesses that led to the subprime mortgage crisis, is negotiating a sale to Bank of America.
Home > Rss Directory > General > NY Time
Bank May Buy Troubled Giant in Home Loans
Countrywide Financial, the troubled lender that became a symbol of the excesses that led to the subprime mortgage crisis, is negotiating a sale to Bank of America.
Home > Rss Directory > Business > NY Time
Burned by Investing in Troubled Times
Scores of investors have sought to profit by buying into troubled financial firms at low prices: so far their investments have failed to make much of a profit.
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Bank of America Curbs Investment Banking
After suffering heavy trading losses from bad mortgage investments, Bank of America said it was scaling back its investment banking operations and shedding 650 more jobs.
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German Bank Receives Its Third Bailout
The rescue package aims to resolve once and for all the problems at IKB Deutsche Industriebank, which was once a conservative corporate bank but became a global symbol of risky excess.
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UK to nationalise troubled bank
Troubled bank Northern Rock will be taken temporarily into public ownership, the chancellor says.
Home > Rss Directory > General > BBC World
British Bank Seeks New Funds
Royal Bank of Scotland became the latest lender to seek new funds to cover its soured investments, saying it would sell $23.8 billion of new shares to current investors.
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Delivering aid in a digital world
With mobile banking taking off around much of the developing world, how long will it be before international aid is delivered electronically? Sound crazy? If you think so, you might be surprised to hear that it's already started happening.
Home > Rss Directory > Technology > InfoWorld
Update: Microsoft offers to buy Yahoo for $44.6 billion
Microsoft has offered to buy Yahoo for around $44.6 billion in cash and shares, to better compete with Google in the market for online services.CEO Steve Ballmer made the offer in a letter to Yahoo's board of di
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German Parents Post Baby on eBay for 1 Euro
German authorities take baby from parents who posted eBay ad offering to sell him for 1 euro
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