Sinking Feeling: Shipping Is Latest European Banking Worry – Wall Street Journal

Sinking Feeling: Shipping Is Latest European Banking Worry
Wall Street Journal
Commerzbank AG on Thursday warned that its losses on shipping loans could be as high as €600 million ($641 million) this year after nearly doubling last year to €559 million. Last week, Deutsche Bank AG, Germany’s largest bank, said its expected losses …

Source: shipping – Google News

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