DW-WORLD: EU Approves State Bailout of Germany's SachsenLB Bank The European Commission on Wednesday, June 3, approved a state bailout worth billions of euros for struggling German bank SachsenLB, which was hit by the US suprime mortgage market crisis. (04.06.2008) DW-WORLD: Report Slams French Bank's Management on Biggest-Ever Fraud An internal report on the biggest fraud in financial history says that a rogue trader at French bank Societe Generale was able to bypass internal security mechanisms because of management negligence.
(24.05.2008) DW-WORLD: Rumored Takeovers Would Consolidate German Bank Sector Insurer Allianz and Commerzbank are reportedly forging plans to take Merkel Vows to Back French EU Presidency ...
Rumored Takeovers Would Consolidate German Bank Sector ...
Zimbabwe to verify election results ...
Internet fraud 'underestimated' ...
US job data adds to economy gloom ...
French-British "Brotherhood" Could Marginalize Germany ... over Germany's hotly sought-after Postbank. The merger would rival sector leader Deutsche Bank, which itself also kept the rumor mill going on Friday. (23.05.2008)
(Deutsche Welle)
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