March 21, 2008

Europe's Central Banks Inject Additional Cash

By Joellen Perry
Companies Featured in This Article:

IKB Deutsche Industriebank

FRANKFURT -- European central banks flooded the financial system with extra funds in response to proliferating signs of uneasiness in markets as Germany's early credit-market casualty IKB Deutsche Industriebank AG received yet another shot of capital.

With rumors about banks' creditworthiness proliferating and banks hoarding cash ahead of the long holiday weekend and the coming end of the quarter, the European Central Bank pumped ...

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