Denmark, Germany step up deposit guarantees

The Danish and German authorities have become the latest countries to raise their deposit guarantees to prop up their battered banking sectors.

The German government said on Sunday that it would guarantee all private savings, thought to be worth about $500 billion.

Denmark said on Monday that it would establish a winding-up fund to ensure that depositors and other creditors do not suffer any loses if banks fail.

Germany's decision came on signs that the bailout of Hypo Real Estate, a big mort

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