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FAILURE OF A GERMAN BANK.

(Received 7.15 p.m.) Berlin, Dec. 8. —Palatinate Credit Bank has failed. It was one of the best-known in Southern Germany. It is believed that the depositors will not suffer, as, apart from the bank’s big business reserves, the Deutsche and Rhenish banks propose to cover the depositors. The failure was due to the manager speculating in marks. —(A. and N.Z.)

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WAG19211209.2.44

Bibliographic details

Wairarapa Age, 9 December 1921, Page 5

Word Count
65

FAILURE OF A GERMAN BANK. Wairarapa Age, 9 December 1921, Page 5

FAILURE OF A GERMAN BANK. Wairarapa Age, 9 December 1921, Page 5

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