German lender Hypo Real Estate reported Monday a net loss of 3.1 billion euros ($4 billion) in the third quarter as the financial crises worsened, with a unit in Ireland hit especially hard by write-downs on the values of its assets.
Hypo Real Estate Group 3Q loss 3.1 billion eurosCourtesy Newsvine - business Mon, 11/17/2008 - 02:30
German lender Hypo Real Estate reported Monday a net loss of 3.1 billion euros ($4 billion) in the third quarter as the financial crises worsened, with a unit in Ireland hit especially hard by write-downs on the values of its assets. Related items50 Ways to Spend $1 Billion This XMas (if You Could)
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