Germany on Sunday guaranteed all private bank accounts and negotiated a 50 billion euro ($69 billion) bailout deal for Hypo Real Estate AG as Europe's second largest economy sought to ward off financial crisis.
Two private equity groups on Wednesday signed a 2.28 billion kronor ($280 million) deal to buy troubled investment bank Carnegie from the Swedish government. Carnegie was nationalized in November after Sweden's financial regulator revoked its banking license due to what it called illegal trading activities.
