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Governments on Both Sides of the Atlantic Push to Get Banks to Lend

PARIS — Anxious about the economic impact of the worst since , governments on both sides of the Atlantic are searching for ways to ward off a severe recession, or at least to shorten it. Jule Di Saba/Agence France-Presse — Getty ImagesGermany had to save Hypo Real Estate Holding, a commercial property lender, from collapse. Philippe Wojazer/ReutersPresident Nicolas Sarkozy of France...

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Hypo Real Estate gets 15 billion euro guarantee

Hypo Real Estate Holding AG said the German government approved its request for a 15 billion euro ($19.6 billion) credit line, meant to guarantee its debt until it receives a larger bailout in a few weeks. The troubled commercial property lender said in a...

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HSH Nordbank to participate in German bailout

In October, the government held bank BayernLB was the first bank to ask for government money, requesting 5.4 billion euros ($6.9 billion) from the fund. Commercial property lender Hypo Real Estate Holdings AG became the first private institution to take part last week by asking for 12 billion euros ($15 billion) on top of a separate 50 billion euro ($63 billion) package.

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HSH Nordbank to participate in German bailout

In October, the government held bank BayernLB was the first bank to ask for government money, requesting 5.4 billion euros ($6.9 billion) from the fund. Commercial property lender Hypo Real Estate Holdings AG became the first private institution to take part last week by asking for 12 billion euros ($15 billion) on top of a separate 50 billion euro ($63 billion) package.

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Commerzbank to use government bailout money

... bank BayernLB was the first, requesting 5.4 billion euros ($6.9 billion) from the fund. Commercial property lender Hypo Real Estate Holdings AG became the first private institution to take part last week by asking for 12 billion euros ($15 billion) on top of a separate 50 billion euro ($63 billion) package.Commerzbank is Germany's second-largest bank. The largest, Deutsche...

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Commerzbank to use government bailout money

... bank BayernLB was the first, requesting 5.4 billion euros ($6.9 billion) from the fund. Commercial property lender Hypo Real Estate Holdings AG became the first private institution to take part last week by asking for 12 billion euros ($15 billion) on top of a separate 50 billion euro ($63 billion) package.

Commerzbank is Germany's second-largest bank. The largest, Deutsche...

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Commerzbank to use government bailout money

... bank BayernLB was the first, requesting 5.4 billion euros ($6.9 billion) from the fund. Commercial property lender Hypo Real Estate Holdings AG became the first private institution to take part last week by asking for 12 billion euros ($15 billion) on top of a separate 50 billion euro ($63 billion) package.Commerzbank is Germany's second-largest bank. The largest, Deutsche...

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Commerzbank to use government bailout money

Commerzbank is one of several German institution that has said it will ask for help from the 500 billion euro ($642 billion) bailout package Chancellor Angela Merkel's government passed last month. The publically-held bank BayernLB was the first, requesting 5.4 billion euros ($6.9 billion) from the fund. Commercial property lender Hypo Real Estate Holdings AG became the first private...

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Commerzbank to use government bailout money

... bank BayernLB was the first, requesting 5.4 billion euros ($6.9 billion) from the fund. Commercial property lender Hypo Real Estate Holdings AG became the first private institution to take part last week by asking for 12 billion euros ($15 billion) on top of a separate 50 billion euro ($63 billion) package.Commerzbank is Germany's second-largest bank. The largest, Deutsche...

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Commerzbank 3Q net profits fall, to get bailed out

Commerzbank is one of several German institutions that has asked for help from the 500 billion euro ($642 billion) bailout package Chancellor Angela Merkel's government passed last month. The publically-held bank BayernLB was the first, requesting 5.4 billion euros ($6.9 billion) from the fund. Commercial property lender Hypo Real Estate Holdings AG became the first private institution...

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HSH Nordbank to participate in German bailout

... first bank to ask for government money, requesting 5.4 billion euros ($6.9 billion) from the fund. Commercial property lender Hypo Real Estate Holdings AG became the first private institution to take part last week by asking for 12 billion euros ($15 billion) on top of a separate 50 billion euro ($63 billion) package.---On the Net:

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Hypo Real Estate gets 15 billion euro guarantee

BERLIN – Hypo Real Estate Holding AG said the German government approved its request for a 15 billion euro $19.6 billion credit line, meant to guarantee its debt until it receives a larger bailout in a few weeks. The troubled commercial proper

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Germany's Hypo Real taps rescue fund for €15bn

German commercial property lender Hypo Real Estate has become the first private company to tap the country's €500bn £396bn rescue fund asking for €15bn of liquidity to cover shortterm funding.

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Merkel Urges German Banks to Tap Government Rescue Fund

... when officials there said last week it was seeking 5.4 billion euros from the fund. On Wednesday, commercial property lender Hypo Real Estate AG became the first private institution to participate when it requested a 15 billion euro credit line, meant to guarantee its short-term lending activity until it receives a larger bailout in a few weeks. The government had previously...

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Hypo Real Estate gets 15 billion euro guarantee

Hypo Real Estate gets 15 billion euro guaranteeBERLIN -- Hypo Real Estate Holding AG said the German government approved its request for a 15 billion euro ($19.6 billion) credit line, meant to guarantee its debt until it receives a larger bailout in a few weeks.The troubled commercial property lender said in a statement late Thursday night that the request had been granted by the...