(Reuters) - German commercial property financier Hypo Real Estate struggled to calm jittery investors by insisting it would be unaffected by the U.S. subprime fallout. Its shares still skidded more than 5 percent while Commerzbank -- which owns a property financier -- saw its stock fall 4 percent.
Investor confidence was further dented as it emerged that French insurer Axa had also temporarily closed two subprime funds after sudden losses.
Read more at Reuters.com Bonds News
Investor confidence was further dented as it emerged that French insurer Axa had also temporarily closed two subprime funds after sudden losses.
Read more at Reuters.com Bonds News
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