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West LB, is reportedly seeking more capital to shore up its finances - je 21.01.2008

Torsten JostJanuary 21, 2008

The troubled state savings and loan, West LB, is reportedly seeking more capital to shore up its finances. According to media reports in Cologne, the bank is allegedly seeking up to 2- Bbillion Euros. That's sharply higher than the 700- Mmillion it had originally wanted. West LB has been hit hard by bad investments. +++SYN-MAZ+++

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