Australia’s Westpac to buy Rams business (FT.com via Yahoo! News)
Rams Home Loans, the Sydney-based mortgage lender badly hit by the US subprime crisis, on Tuesday effectively gave up on its efforts to get back on track, agreeing to sell the best parts of its business to Westpac (NYSE:WBK).

October 2, 2007 @ 8:15 AM · Filed under Uncategorized
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