Entries tagged "Dexia SA"
Franco-Belgian Dexia SA, a lender to local governments, reiterated Tuesday that it is seeking to reduce the risks associated with its troubled New York bond insurance unit after a Belgian newspaper reported that entities backed by Warren Buffett and distressed debt investor Wilbur Ross were close to buying at least part of it....
Belgium, France and Luxembourg on Thursday extended their support of Dexia SA by agreeing to provide state guarantees for the world's largest lender to local governments....