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German watchdog eyes $600 bln global bank losses: report (Reuters)

Started by riky, March 30, 2008, 05:01:27 AM

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riky

German watchdog eyes $600 bln global bank losses: report
    (Reuters)

 


Reuters - The financial market crisis could
cause losses of up to $600 billion at banks and other financial
institutions worldwide, a German magazine reported on Saturday,
citing an internal report by German financial watchdog BaFin.


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