Tuesday, July 3, 2007

No crisis lurks in sub-prime woes: Deutsche Bank

(Reuters) - "There will be more but I don't think we will see systemic risks in this area," Baenziger told a financial conference organized by Germany's central bank.




Baenziger said the problems that U.S. lender Bear Stearns has had with two of its hedge fund businesses active in the mortgage lending market were unlikely to crop up at other banks.


Read more at Reuters.com Bonds News

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