Hypo RE seeks more state aid in battle for survival

By A staff reporter 2008-11-18T00:00:00

Hypo Real Estate, the second largest property lender in Germany, plans to ask the government for a further bailout on top of the EUR 50 bn lifeline agreed in early October. ICEO Axel Wieandt said the bank is preparing an application to Soffin, the German bank rescue fund, 'seeking further ...

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