Bavarian savings banks want to marry LBBW and BayernLB: report
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Bavarian savings banks want to see a merger get underway this year of regional bank LBBW with BayernLB, which has been hit by subprime related losses, a press report said Tuesday.
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LONDON, December 27  - Europeâs leading bank Deutsche Bank AG (DBK.ETR) has decided to sell its 109 properties across Germany to Eurocastle Investment Ltd for â¬300 million.
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Munich, Germany (Sports Network) - German powerhouse Bayern Munich will host Arminia Bielefeld Saturday, needing three points to remain within striking distance of rivals Bayer Leverkusen and Werder Bremen.
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Nearly 50 Pittsburgh-area businesses that have financial ties to Germany and western Europe say they'll purchase $10 million worth of airline tickets if German airline Lufthansa will serve the ...
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As many as three European banks may have submitted bids to purchase National Australia Bank&#39;s two units in Ireland, newspapers reported Friday.
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HypoVereinsbank, Germany's second biggest bank, said it had agreed to buy a portfolio of loans to mid-size corporate customers from ING BHF-Bank, the German arm of Dutch financial services group ING.
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Cazenove is getting serious over its courtship by at least two US investment banks, and the 180-year old UK brokerage could tie the knot with a suitor in a matter of weeks, sources close to the situation said on Monday.
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Deutsche Bank, Germany's biggest bank, is considering cutting 2,000 jobs in its investment banking and asset management activities as part of a wide range of cost-cutting measures, the business daily Handelsblatt reported.
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German flag carrier Lufthansa is interested in buying a 20-percent stake in British airline BMI currently held by Scandinavian Airlines System (SAS), the business daily Handelsblatt reported on Thursday.
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Source says the investment bank is in talks to buy GLG Partners, estimated to be worth $1.5B. LONDON  - Investment bank Lehman Brothers Holdings Inc.
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CONCORD, N.H. -- Two small banks in Concord will merge. Merrimack County Savings Bank says it will buy Bow Mills Bank and Trust in a $22.5 million deal. It will create one larger community bank from two smaller ones struggling in a market dominated by national banking giants.
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The banks, which include Citigroup and UBS, are considering injecting capital into Ambac and assuming some of the risks associated with guarantees written by the company.
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The Bundesbank and the German finance ministry are considering plans to minimize the use of 1 euro-cent and 2 euro-cent coins, Handelsblatt said, citing Wolfgang Soeffner, head of the Bundesbank&#39;s cash division.
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UBS , struck with billions of dollars of writedowns on subprime exposures, is trying to persuade investment bankers to stay with the company by allowing them to sell some of their share-based bonuses after just one year, the Financial Times reported.
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MUNICH, Germany : HypoVereinsbank, Germany's second biggest bank, said it had agreed to buy a portfolio of loans to mid-size corporate customers from ING BHF-Bank, the German arm of Dutch financial services ...
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NEW YORK (Dow Jones/AP) -- Deutsche Bank AG of Germany plans to sell its New York, Philadelphia, Cincinnati and Chicago offices of Scudder Private Investment Counsel to Legg Mason Inc.
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The public owners of the two biggest German public sector banks have begun talks that could lead to a new banking giant in Europe, press reports said Monday.