DW-WORLD: German Banks Admit Fallout from US Financial Storm Two more German banks admitted exposure Friday Barclays Agrees to Buy Some of Lehman Brothers' Assets ...
Prosecutors Investigate Soldiers After Afghan Civilians Killed ...
Speculation over sale of Dresdner Bank to Commerzbank ...
Germany investigates kidnap claims in Georgia ...
Unicredit cuts jobs and eyes east ... to the collapse of venerable American investment bank Lehman Brothers as the EU called for tougher oversight to prevent a US-style financial meltdown in Europe.
(19.09.2008) DW-WORLD: Berlin Suspends KfW Managers Over Banking Blunder The German government's own bank, KfW, suspended two top executive officers from their duties Thursday after blunders that lost KfW 536 million euros in the Lehman Brothers failure. (18.09.2008) DW-WORLD: Pressure Mounts on German Bank After Mistaken Payment Amid growing outrage over the planned bailout of a subsidiary and a mistaken money transfer, pressure is mounting on Germany's KfW development bank. (18.09.2008)
(Deutsche Welle)
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