Dexia press release: Belgian, French and Luxembourg states provide strong support
Monday, 10 October 2011 | 
Finance - Banki...
DONT READ THIS RE-HACK
- asymptotix is not in business 2 republish Press Release from the likes of Dexia
READ THE ORIGINAL THINKING here: What is going on at Dexia?
photo credit, Metro Station Merode, Etterbeek, Brussels (from a Flickr friend)
France, Belgium, Luxembourg agree on Dexia rescue deal & Qatar Investment Authority to take over Dexia Luxembourg?
Sunday, 9 October 2011 | European Affairs
Reuters reports that France, Belgium and Luxembourg governments reached an agreement on Sunday on a rescue package for Dexia, which will be put to the stricken Franco-Belgian bank's board later in the day for approval.
Dexia confirms having entered into exclusive negotiations with an international group of investors in which the State of Luxembourg will participate for the disposal of Dexia Banque Internationale à Luxembourg. The Board of Directors of the Dexia group will take a decision on a potential offer by the end of the exclusive
period.
List of European banks in risk - by P/B-ratio (price-to-book ratio)
Saturday, 8 October 2011 | European Affairs
Wikipedia: The price-to-book ratio, or P/B ratio, is a financial ratio used to compare a company's book value to its current market price. Book value is an accounting term denoting the portion of the company held by the shareholders; in other words, the company's total tangible assets less its total liabilities. The calculation can be performed in two ways, but the result should be the same each way.
European Affairs's blog | 
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Tags: Alpha Bank, Banca Monte dei Paschi di Siena, Banco Comercial Portugues, Banco Espirito Santo, Banco Popolare Societa Cooperativa, Barclays, Commerzbank, Crédit Agricole, Dexia, EFG Eurobank Ergasias, European banks, Intesa Sanpaolo, KBC Groupe, National Bank of Greece, Natixis, Royal Bank of Scotland Group, Société Générale, UBI Banca, Unicredit
Dexia press release 4 October 2011
Tuesday, 4 October 2011 | European Affairs
Regulated information
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Visual of the 5yr CDS for BoA, MS, Dexia, Soc Gen, Banco Popular and Unicredit
Tuesday, 4 October 2011 | Finance - Banki...
Credit default swaps are contracts designed to insure creditors against a bank (or indeed any company) going bust.
A CDS is a contract issued by big City firms or fund that guarantees the holder will be covered if a particular company defaults on its debts. It is basically a type of insurance used by large investing institutions.
What is going on at Dexia? 46 year old CEO Stefaan Decraene to depart
Monday, 5 September 2011 | John A Morrison
Stefaan Decraene, the CEO of Dexia Bank Belgium and member of the Executive Committee of Dexia Group, will leave the company. The 46-year-old Decraene who ran Dexia Bank Belgium for over five years will leave the group for an international job in another bank. There are strong indications that he is switching to the French financial giant BNP Paribas, the parent of Dexia's rival Fortis. The departure of Decraene, number two at the top of Dexia, is a new blow to the embattled group.
HOW DID THE RATINGS AGENCIES MISS THIS?Dexia Plans Another EUR240 Million In Cost Cuts - another 700 - 800 job losses
Friday, 3 September 2010 | Finance - Banki...
Dexia, a specialist in local government finance, is planning EUR240 million in cost-cuts in what will be the final round of its 2008 savings plan, the bank said Friday. The company will put its plan to employees at a union meeting to be held Sept. 15, it added. An article in Friday's edition of Belgian daily De Standaard said the latest round would include another 700 to 800 job losses. They would come on top of 1,500 already made over past months. "We are analyzing every hypothesis in order to hit that (EUR240 million) target," Dexia said in a statement.
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