Deutsche Bank to Write Off About $3.12B
Story date: 2007-10-03 03:23:00
Added on: 2007-10-03 17:00:20
Forbes - ... that it would take a charge of approximately 1.5 billion euros ($2.13 billion) on residential mortgage-backed securities, structured credit ... But over the past few weeks, the market seemed to have factored in expectations of bad news after a ...
Read more...
Related Stories:
-
ECB Continues Cash Injections for Ailing Banks and Markets (Deutsche Welle)
In another busy day at the European Central Bank, 180 billion euros ($266 billion) in refinancing was allotted and an offer of...
2008-09-23 10:53:19 -
Banesto Plans to Sell 3 Billion Euros of Mortgage-Backed Bonds
Bloomberg - Banesto Plans to Sell 3 Billion Euros of Mortgage-Backed Bonds By Charles Penty and Esteban ... euros of asset-backed debt...
2007-10-11 01:09:00 -
Asset-Backed Sales May Drop to 10-Year Low in Europe (Update1) - Bloomberg
Aug. 11 (Bloomberg) -- Sales of asset-backed bonds, which finance everything from home loans to offices, water companies and pubs, may fall...
2008-08-11 08:36:00 -
Deutsche Bank Chief Says U.S. Housing Crisis Not Over (Update1)
Bloomberg - Deutsche Bank has announced about 2.28 billion euros ($3.4 billion) in writedowns and trading losses after the U.S. subprime mortgage...
2008-01-14 02:01:00 -
Deutsche Bank Posts Writedowns That Exceed Estimates (Update2) (Bloomberg.com)
July 31 (Bloomberg) -- Deutsche Bank AG reported a bigger- than-estimated 2.3 billion euros ($3.6 billion) of debt writedowns in the second...
2008-07-31 09:14:12 -
IKB stock tumbles after report it needs another $2.9 billion (Market Watch)
Shares in Germany’s IKB Deutsche Industriebank tumbled over 20% Monday after weekend reports that the struggling bank needs a further 2 billion...
2008-02-11 04:35:31 -
Deutsche Bank Profit Rises on Tax Gains, Asset Sales (Update2)
Bloomberg - Gains from German tax changes and the sale of Deutsche Bank's North American headquarters cushioned the impact of 2.16 billion...
2007-10-31 12:23:00 -
Axa Second-Half Net Increases 6% on Life; Shares Fall (Update4)
Bloomberg - ... Axa SA, Europe's second-biggest insurer, posted a 6 percent gain in second-half profit on higher sales of life-insurance...
2008-02-28 02:59:00