The admission is the latest evidence that mounting losses in Europe's banking system have yet to be tackled."The bank clearly has a solvency problem," said Michael Endres, head of the board in an interview with Welt am Sonntag. "It wouldn't surprise me if a capital injection of €10bn proved insufficient."
Sunday, August 23, 2009
German property giant Hypo Real Estate may need £8.6bn rescue - Telegraph
German property giant Hypo Real Estate may need £8.6bn rescue - Telegraph
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