Regulators in Britain and Belgium engineered emergency rescues of two leading banks with heavy exposure to soured mortgages.
Hypo Real Estate, a German property lender, said that it had secured a multibillion-euro line of credit.
euro lineEuropean Regulators Move Swiftly to Rescue LendersNYT > Business Mon, 09/29/2008 - 07:15
Regulators in Britain and Belgium engineered emergency rescues of two leading banks with heavy exposure to soured mortgages. |