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Hypo Real Estate sent shivers down the spines of the German banking community today - je 12.11.2008 08

Karlotta BahnsenNovember 12, 2008

Hypo Real Estate sent shivers down the spines of the German banking community today with word it had lost 3.1- Bbillion euros in the last quarter. The sum is more than analysts had expected. The mortgage loan financer laid the blame partly on its Irish subsidiary Depfa, which has lost Bbillions investing in risky US subprime assets.

https://p.dw.com/p/FsOZ