- Dexia bank slashes jobs
Dexia SA, the world's biggest lender to local authorities, said that it would scrap 602 jobs to shave some euro600 million from its running...
- Belgium, France, Luxembourg guarantee Dexia bank
The governments of France, Belgium and Luxembourg announced Thursday they will give struggling lender Dexia SA a yearlong guarantee on its ...
- BNP Paribas to take majority stake in Fortis
French banking giant BNP Paribas will take a 75 per cent stake in the remaining operations of troubled bank Fortis. Anatomy of a global cre...
- Fortis admits strategic errors, after Benelux bailout
Troubled financial group Fortis admitted that past errors had triggered the crisis that required the Benelux nations to hammer out a 11.2-b...
- Arcelor and Mittal to report Q2 earnings
Arcelor SA and Mittal Steel Co NV, the world's two largest steelmakers, release second-quarter results on Thursday as they put their costly...
- KKR to arrange $8bn for record leveraged deal
Kohlberg Kravis Roberts (KKR), theworld’s biggest buyout firm, may saddle French yellow-pages publisher PagesJaunes with the highest-ever l...