Entries tagged "Dexia Crédit Local"

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Dexia wins temporary state-aid approval

The lender was temporarily approved up to $56.7 billion in state guarantees but an in-depth probe was opened to determine if the funding complies with EU single-market rules. Continue reading

Posted on December 22, 2011 10:22 AM

Dexia board clears breakup program

Directors also finalized the sales of Dexia Bank Belgium to the Belgian state, and the bank's French municipal-lending unit to Caisse des Dépôts and La Banque Postale. Continue reading

Posted on October 20, 2011 11:51 AM

EC president makes plea for bank support

Barroso did not address any of the difficult details and also stopped short of insisting on a new EU-wide bailout fund, saying that banks should use private sources of capital first. Continue reading

Posted on October 13, 2011 9:22 AM

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