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Belgian bank Dexia is latest to be rescued by Government Belgian bank Dexia is latest to be rescued by Government



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Old 09-30-2008, 01:52 PM
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Post Belgian bank Dexia is latest to be rescued by Government
Yesterday saw Belgian-Dutch financial group, Fortis, rescued after the Governments of Belgium, Luxembourg and the Netherlands invested a total €11.2 billion (£8.9 billion) in the respective Fortis bank institutions in each country. Each Government will take a 49% stake in Fortis. It has emerged today that Fortis’ rival, Dexia, has become the latest European bank [...]

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