Troubled German bank sold in wake of subprime crisis
602611
Germany&#39;s troubled state-run bank SachsenLB was bought out by the Landesbank Baden-Wuerttemberg (LBBW) on Sunday to save it from bankruptcy after it was badly hit by the US subprime crisis.
351961
German banks, looking to put bad  investments behind them, are hanging 'For Sale' signs on  billions of euros in distressed loans in a move that's  attracting major U.S. vulture funds.
572254
KeyCorp , a large Midwest U.S.  bank, on Friday said it agreed to sell its Champion Mortgage  subprime lending unit to Britain's HSBC Holdings Plc    and investment firm Fortress Investment Group LLC, so  it can focus on consumer and business banking.
176142
FRANKFURT/LONDON Oct 11  - Germany sold a 6.3  percent stake in phone operator Deutsche Telekom on Monday,  raising up to 4.5 billion euros ($5.6 billion) to help it curb  a burgeoning budget deficit.
703937
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).
749977
Dutch bank and insurer ING Group said it will sell the activities of Baring Asset Management nearly a decade after it purchased the remains of the bankrupt British bank Barings, brought down by the Nick Leeson trading scandal in 1995.
465462
Backpedaling from a recent expansion, Charles Schwab Corp. is selling an institutional investment and research division to Swiss banking giant UBS AG for $265 million, another step in the struggling stock brokerage&#39;s push to regain its Main Street appeal.
494512
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).
271653
FRANKFURT/LONDON  - Germany sold 6.3 percent in  phone operator Deutsche Telekom on Monday, raising up to 4.4  billion euros ($5.5 billion) as part of a privatization drive  to help it tackle a burgeoning budget deficit.
738955
The European headquarters of US banking giant Citigroup in London's Canary Wharf is sold for Â£1bn.
293948
DRESDEN, Germany  - The government of the eastern German state of Saxony on Sunday decided to sell its stricken lender SachsenLB to Stuttgart-based LBBW  for what sources said was 300 million euros in a move that speed further bank consolidation.
769814
Commerzbank, the second biggest German bank, posted Thursday a record full-year result for 2007, though the group's fourth quarter was hit by a heavy loss related to the US subprime market meltdown.
136534
Bank of America agrees to buy the troubled mortgage lender for 'bargain-basement' price of around $4 billion.
398864
German broadcaster ProSiebenSat.1 is to be sold to a consortium of US and European private equity firms.
137056
Countrywide Financial, the troubled lender that became a symbol of the excesses that led to the subprime mortgage crisis, is negotiating a sale to Bank of America.
354755
Troubled bank Northern Rock could be sold off following its emergency bail-out by the Bank of England, the Sunday Telegraph reported.
763098
The group, which claims to have acquired two-thirds of all German bad loans sold by banks last year, is negotiating to buy tiny Mitteleurop ische Handelsbank from NordLB, the Hanover-based regional bank, in ...