• WestLB

    WestLB Will Post Losses Because Markets Are Hard

    WestLB said this afternoon that it will report a full-year loss of over $145 million (100 million+ euros) because “of persistently difficult market developments.” Up until today, the Dusseldorf-based bank had been forecasting a profit. Profit, no profit—they’re pretty much the same thing, so it’s easy to see how one might confuse one for the […]

    / Nov 12, 2007 at 4:01 PM

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