By Andrew Cawthorne
CARACAS, Dec 7 (Reuters) – President Hugo Chavez on Monday sought to reassure a nervous public and maximize political gain from an ongoing purge of Venezuelan banks that has cost him a close ally and unsettled the financial sector.
By Frank Jack Daniel
CARACAS, Dec 6 (Reuters) – A senior minister and close confidant of Venezuelan President Hugo Chavez resigned on Sunday in a scandal that has shaken the OPEC nation’s banks and triggered a purge of businessmen with ties to the government.
By Walker Simon and Eyanir Chinea
CARACAS, Dec 4 (Reuters) – Anxieties over the health of Venezuela’s financial system eased on Friday, with bonds rising after heavy losses this week as a paper reported a businessman agreed to hand over two institutions to the state.
FRANKFURT, Oct 13 (Reuters) – The German government completed the nationalisation of stricken lender Hypo Real Estate on Tuesday, setting the stage for a prolonged legal battle with minority shareholders, including J.C. Flowers.
