• strict warning: Non-static method view::load() should not be called statically in /home/asymptot/public_html/modules/views/views.module on line 879.
  • strict warning: Declaration of views_handler_argument::init() should be compatible with views_handler::init(&$view, $options) in /home/asymptot/public_html/modules/views/handlers/views_handler_argument.inc on line 745.
  • strict warning: Declaration of views_handler_filter::options_validate() should be compatible with views_handler::options_validate($form, &$form_state) in /home/asymptot/public_html/modules/views/handlers/views_handler_filter.inc on line 589.
  • strict warning: Declaration of views_handler_filter::options_submit() should be compatible with views_handler::options_submit($form, &$form_state) in /home/asymptot/public_html/modules/views/handlers/views_handler_filter.inc on line 589.
  • strict warning: Declaration of views_handler_filter_node_status::operator_form() should be compatible with views_handler_filter::operator_form(&$form, &$form_state) in /home/asymptot/public_html/modules/views/modules/node/views_handler_filter_node_status.inc on line 14.
  • strict warning: Non-static method view::load() should not be called statically in /home/asymptot/public_html/modules/views/views.module on line 879.
  • strict warning: Declaration of views_plugin_style_default::options() should be compatible with views_object::options() in /home/asymptot/public_html/modules/views/plugins/views_plugin_style_default.inc on line 25.
  • strict warning: Declaration of views_plugin_row::options_validate() should be compatible with views_plugin::options_validate(&$form, &$form_state) in /home/asymptot/public_html/modules/views/plugins/views_plugin_row.inc on line 135.
  • strict warning: Declaration of views_plugin_row::options_submit() should be compatible with views_plugin::options_submit(&$form, &$form_state) in /home/asymptot/public_html/modules/views/plugins/views_plugin_row.inc on line 135.
  • strict warning: Non-static method view::load() should not be called statically in /home/asymptot/public_html/modules/views/views.module on line 879.

Dexia press release: Belgian, French and Luxembourg states provide strong support



ORIGINAL THINKING here: What is going on at Dexia? 

photo credit, Metro Station Merode, Etterbeek, Brussels (from a Flickr friend) 

The Belgian, French and Luxembourg states provide strong


France, Belgium, Luxembourg agree on Dexia rescue deal & Qatar Investment Authority to take over Dexia Luxembourg?

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

List of European banks in risk - by P/B-ratio (price-to-book ratio)

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.

Dexia press release 4 October 2011

Regulated information

Read more

Visual of the 5yr CDS for BoA, MS, Dexia, Soc Gen, Banco Popular and Unicredit

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


belgium is no democracy asymptotix

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.





Dexia Plans Another EUR240 Million In Cost Cuts - another 700 - 800 job losses

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.

Short URL
Asymptotix on Twitter

Are the key legislative pillars such as Basel II & III, UCITS IV and Solvency II forcing you to re-examine how you identify, measure and manage risk and capital?

Asymptotix work closely with our partners to help clients develop a more proactive, systematic and integrated approach to governance and risk management to deliver proper value.

Asymptotix can offer the support you need to deliver on time. Read more...

Is the goal of your website to sell services or products, educate, or collect data?

A positive customer experience is vital to conversion, no matter what your conversion goals may be. Our designers and developers will create a positive experience to maximize your conversions and deliver the optimal return on your investment. We strive to find the perfect balance between the web site’s design and functionality.

Asymptotix implements interactive solutions for European companies. From corporate websites to social communities, our clients will tell you an investment in building a scalable online experience will deliver long-term tangible benefits.

Based in Luxembourg we can help you all over Europe. Our multi-lingual team can work with projects and speak your language! Read more...