Dexia

...to monitor this minute by minute." The collapse in Fortis and Dexia's share prices and subsequent rescue efforts demonstrated the spill-over effect of the U.S. subprime crisis into the euro zone. Belgian Finance Minister Didier Reynders...

In this article: Fortis, Yves Leterme, Belgian Senate, Didier Reynders, and Luxembourg

...lifeline in June. In any case, Belgium seems ready to step in if necessary: Belgian finance minister Didier Reynders told broadcaster RTBF that the government was prepared to support Dexia or any other bank in peril. Belgium is already...

In this article: Fortis, Ping An Insurance, Europe, Belgium, ABN AMRO, Brussels, Luxembourg, and Netherlands

...after a share slump. After riding to the rescue rival banks Fortis and Dexia earlier this month, Belgian Finance Minister Didier Reynders said that the move was a "preventive measure" rather than an emergency bailout. KBC, a banking and...

In this article: Fortis, Yahoo, Europe, Brussels, Didier Reynders, IMF, and Belgium

...French and Belgian operations were likely to be split, although a solution would have to be found for Financial Security Assurance (FSA), Dexia's loss-making U.S. bond insurance subsidiary. Reporting by Philip Blenkinsop; editing by...

In this article: Didier Reynders, Hypo Real Estate, Bundesbank, BNP Paribas, and Luxembourg

...in the second quarter. The subsidiary's exposure to unloved mortgage-backed debt has forced Dexia to intervene in the past, with a $300 million injection in August and a $5 billion credit lifeline in June. In any case, Belgium seems...

In this article: Fortis, Ping An Insurance, ABN AMRO, Brussels, Belgium, Luxembourg, Netherlands, and Bankruptcy

...support Dexia if necessary. "Bearing in mind the specific circumstances of the company Dexia, which is different from Fortis, we will fulfill our responsibilities," he told Dutch-language broadcaster VRT. Earlier, Finance Minister Didier...

In this article: Fortis, Yves Leterme, Balance sheet, Brussels, U.S., Belgium, and Depfa

UPDATE 4-Dexia rescue measures promised after shares dive Adds Finance Minister Didier Reynders, Dexia board meeting ends) By Antonia van de Velde and Francois Murphy Belgian Prime Minister Yves Leterme promised new measures to shore up...

In this article: Didier Reynders, Yves Leterme, Brussels, Nicolas Sarkozy, Luxembourg, Fortis, Hypo Real Estate, and BNP Paribas

...to France's BNP Paribas <BNPP.PA> at the weekend, leaving its shareholders with little. A similar carve-up of Dexia is highly unlikely, analysts say. "There are no rules," Belgian Finance Minister Didier Reynders said in reply to a...

In this article: Yves Leterme, Didier Reynders, Standard & Poor's, Luxembourg, Belgium, and France