Deutsche Bank to Book Loss on Property Sale to Eurocastle
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Deutsche Bank AG, Europe&#39;s third- biggest bank, will book a loss of less than 40 million euros ($54.1 million) from the sale of real estate assets to Eurocastle Investment Ltd.
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Merrill Lynch & Co Inc. ,  expected to report billions of dollars on mortgage losses, said  on Monday it plans to sell most of its Chicago-based capital  lending business to General Electric Co's  commercial  finance arm.
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Germany s government will sell shares in Deutsche Telekom AG, Europe s largest phone company, worth as much as 3 billion euros ($3.7 billion). KfW Group, a German state-owned development bank, will also sell as ...
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European stock markets reversed early losses on Tuesday after reassuring comment from Deutsche Bank (NYSE:DB).
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Deutsche Bank has become the latest big bank to snap up an independent private bank in Germany, with the planned purchase of Wilhelm von Finck for an estimated â¬20m ($27.2m).
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The bank said it would sell a $5 billion stake to Chinaâs sovereign wealth fund as it posted a loss after taking a new $5.7 billion write-down related to mortgages.
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HVB Bank, the second largest bank in Germany, said it would post a loss for 2004 after writing down 2.5 billion euros ($3.2 billion) for its real estate loans portfolio.
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Berlin's city government will sell a 81% stake in the public sector banking group LBB to meet an EU deadline.
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The London Stock Exchange (LSE) today rejected an offer from Deutsche Borse, its bigger German rival, valuing it at about Â£1.35 billion ($2.6 billion), or 530pence per share, a significant premium to Fridayâs closing price of 430 pence.
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German property lender Hypo Real Estate (HRXG.DE: Quote , Profile , Research ) has sold a 3.6 billion euro ($4.4 billion) portfolio of mainly bad loans to U.S. firm Lone Star, boosting its profitability and ...
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Stricken German state lender SachsenLB is expected to be sold this weekend to another German state bank, Horst Metz, the finance minister of Saxony, said on Saturday.
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The German government and DaimlerChrysler will reveal details next week of a deal enabling the car maker to sell part of its stake in European aerospace giant EADS while keeping it in German hands, a business daily has reported.
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Deutsche Bank is taking over consumer credit specialist Norisbank, currently owned by cooperative banking giant DZ Bank, for 420 million euros (537.6 million dollars).
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Steel company ThyssenKrupp AG said Wednesday it has sold some 48,000 residential housing units in western Germany for euro2.1 billion (US$2.8 billion) to a consortium of real estate funds of US bank Morgan Stanley and Germany&#39;s Corpus-Immobiliengruppe.
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The German state has decided to sell its 38-percent stake in the distressed bank IKB, one of those hit hard by the US home loan debacle, a press report said Wednesday.
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Euronext, the Franco-Dutch stock exchange operator, is this week expected to challenge Deutsche BÃ¶rse (DB) of Germany for control of the London Stock Exchange.
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Stake in Deutsche Telekom AG may be sold by Germany for â¬4.45 billion ($5.5 billion) as EU faces finance deficits and seeks for the ways to resolve the problem.