- Greek bailout costs less than HRE: German economist
The financial markets are overreacting to the Greek crisis and a bailout of Greece by the EU would cost less than Germany paid to rescue it...
29 Apr, 2010, 03.16 PM IST
- German government may buy 70% in Hypo
Germany is considering buying a 70% stake in Hypo Real Estate Holding AG and may nationalize the lender after the government twice tried to...
29 Jan, 2009, 12.01 AM IST
- Germany's Hypo Real Estate to cut 1,000 jobs
Troubled German lender Hypo Real Estate Holding AG announced plans to cut about 1,000 jobs, more than half its current work force, by 2013 ...
20 Dec, 2008, 04.09 PM IST
- Worldwide bailouts 10 times bigger than Indian economy
In their efforts to tackle the global economic crisis, the rescue packages announced by the governments across the world has crossed 10 tri...
07 Dec, 2008, 03.53 PM IST
- Merkel urges German banks to take help to beat credit crunch
Chancellor Angela Merkel on Saturday called on German banks struggling to cope with the fallout from the global financial crisis to take ad...
01 Nov, 2008, 09.32 PM IST
- Boss of German bank Hypo Real Estate resigns
The head of the troubled German mortgage lender Hypo Real Estate, Georg Funke, has resigned, the fourth biggest German bank said in a state...
07 Oct, 2008, 07.19 PM IST
- Germany offers 568-bn guarantee to all private banks
The German government has decided to guarantee all private German bank accounts worth e568 bn ($776 bn) to prevent panic withdrawal as fear...
07 Oct, 2008, 02.00 AM IST
- Germany guarantees personal savings a/cs
The German government offered to fully guarantee personal savings accounts to ease concerns about the stability of the nation’s banking sys...
06 Oct, 2008, 01.34 AM IST
- Europeans scramble to save failing banks
None of the banks, including the European Central Bank and Bank of England, have commented on potential rate hikes or cuts. 2008: Year of g...
05 Oct, 2008, 10.05 PM IST
- Germany guarantees private savings accounts
Germany announced on Sunday that it would guaranteed all private savings accounts, joining Ireland and Greece in taking drastic independent...
05 Oct, 2008, 09.42 PM IST
- Germany in new bid to rescue Hypo Real Estate bank
Germany's finance ministry said on Sunday it is working on a new attempt to save Hypo Real Estate (HRE), the German mortgage lender caught ...
05 Oct, 2008, 04.41 PM IST
- European banks sucked into US financial crisis
European banks were sucked Monday into turmoil spawned by the US financial crisis, with bailouts, sales and attacks on the shares of financ...
29 Sep, 2008, 07.09 PM IST
- German mortgage bank rescued from bankruptcy
The German bank Hypo Real Estate (HRE) was granted a last-minute "multi-billion euro" credit line from a consortium of German banks that al...
29 Sep, 2008, 01.18 PM IST
- German mortgage bank rescued from bankruptcy
Germany's Hypo Real Estate, a mortgage bank, said Monday it had been rescued from bankruptcy after receiving "sufficient" facilities from a...
29 Sep, 2008, 07.16 AM IST
- German mortgage bank near bankruptcy: report
Germany's Hypo Real Estate, a mortgage bank, is on the brink of bankruptcy, the daily Financial Times Deutschland reported in an advance co...
29 Sep, 2008, 02.17 AM IST
- German regulator bans short-selling in financial stocks
Germany on Saturday halted short-selling in financial shares, when investors borrow company stock to sell it, following the example of Brit...
20 Sep, 2008, 03.16 PM IST
- Indian origin mastermind of int'l fraud sentenced in US
An Indian-origin man who masterminded a major international fraud that led to $680 million in losses to 20 banks wordwide has escaped with ...
19 Jun, 2008, 10.03 AM IST