Austria has moved to nationalize Hypo Alpe Adria, a unit of German public-sector bank BayernLB. BayernLB said Monday that Austria is taking its 67.08 percent stake in Hypo Alpe Adria for the symbolic ...
VIENNAVIENNA — Austria nationalized troubled financial institution Hypo Alpe Adria, a unit of German public-sector bank BayernLB, on Monday, bank and government officials said. The decision was taken ...