Hypo Real Estate Group 3Q loss 3.1 billion euros

Courtesy 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.


 

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