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Australia's Macquarie Bank says funds face losses after US falls (AFP)

July 31st, 2007 by

a Macquarie Bank Corporate headquarters in Sydney. Shares in Australia's Macquarie Bank slumped 7.0 percent Wednesday after it confirmed some of its funds faced large losses in a fallout from a crisis in a US sub-prime mortgage market.(AFP/File/David Hancock)AFP - Shares in Australia's Macquarie Bank slumped 7.0 percent Wednesday after it confirmed some of its funds faced large losses in a fallout from a crisis in a US sub-prime mortgage market.

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