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Stock symbols are in parentheses. Denizbank AS (DENIZ) , Dexia SA (DEXB)’s unit in Turkey, advanced 1.6 percent to 13.05 liras, the highest level in almost two weeks. There is a “plan B” should a sale of the bank by Dexia fall through and it will...
While the tender price set by Dexia Banque Belgium may appear less generous than what other European banks have recently offered for their subordinated debt, it is more generous than what subordinated debt holders of Irish bank paper were offered in...
A man wearing a mask of Dexia chairman Jean-Luc Dehaenem, files a complaint, on the first public complaint day against the Dexia bank and the Holding Communal on January 28, 2012. The Holding Communal which was the main shareholder of the former Dexia... View Photo »
Dexia Bank Belgium, and that was an arrangement within the group, has always acted as a liquidity centre. It was its duty to fund the other entities
Bank Belgium and Austria’s BAWAG are tendering for tier one notes, as the trend for banks to buy back subordinated paper below par to generate capital steams ahead. The deals were announced the same as Greece’s EFG Hellas reported a strong take-up on...
Dexia SA, which said in August it sold $8.8 billion of mortgage bonds, and State Street Corp. , which sold $11 billion in assets in December 2010, also turned to a limited number of dealers rather than widely distributed auction lists to dispose of...
The ECB's action has stemmed last year's near-crisis, when concerns about a further spread of the euro zone's sovereign debt woes sparked worries that another bank might collapse after the October bail-out of Belgium's Dexia. Funding markets have now...
People wearing masks of Dexia Bank Chairman Jean-Luc Dehaene, hold a fake banknote to protest against the vast sums of money spent to save Dexia, as they file a complaint on the first public complaint day against the bank and the Holding Communal on... View Photo »
Dexia is the first example outside Greece and Ireland, but what we hear from Italian banks is not encouraging either, and this highlights that the problem is becoming more broad-based.
France salvaged an original rescue deal for Dexia SA’s French municipal-lending business by agreeing to buy a direct 31.7 stake in a new entity owning Dexia Municipal Agency. Caisse des Depots will also own 31.7 percent and La Banque Postale will own...
The bank in August took 3.6 billion euros in losses on the accelerated sale of toxic assets, then another 4 billion loss when its Belgian retail bank was nationalised in October. Dexia will also need to take some 4 billion euros in writedowns on its...
Dexia (Euronext: DEXB, Euronext: DX, LuxSE: DXB) is a Belgian-French financial institution, specialized in public finance. It was founded in 1996 through the merger of Crédit Communal de Belgique/Gemeentekrediet van België (founded 1860) and Crédit Local de France (founded 1987). The Dexia Group was founded as a dual-listed company, but in 1999... Full Article
People wearing masks of Dexia Bank Chairman Jean-Luc Dehaene, hold a fake banknote to protest against the vast sums of money spent to save Dexia, as they file a complaint on the first public complaint day against the bank and the Holding Communal on January 28, 2012. The Holding...
View Photo »CEO Dexia Bank Belgium Jos Clijsters and Chairman of the Board Alfred Bouckaert (R) give a press conference focused on financial footbprint of Dexia Bank after the take over by the Federal Holding and Investment Company and the major policy lines the bank will apply in the future at the...
View Photo »Axel Miller, former CEO of Dexia, is pictured during a session of the special chamber commission Finance on Dexia, at the federal parliament, in Brussels, on November 25, 2011. The commission has to investigate the dismantling of NV Dexia, during which Dexia Bank Belgium was bought by...
View Photo »Special Dexia commission chairwoman Marie-Christine Marghem (MR) listens to the former chairman of Dexia board of directors, Francois Narmon (R) during a session of the special chamber commission Finance on Dexia, at the federal parliament, in Brussels on November 23, 2011. The...
View Photo »Belgian-French financial services group Dexia Chairman Jean-Luc Dehaene (L) reacts after deputies asked him to leave the room, to let chief executive Pierre Mariani (R) answering alone to the questions, during the Dexia Parliamentary Committee at the Belgian Parliament in Brussels...
View Photo »Belgian-French financial services group Dexia Chairman Jean-Luc Dehaene listens to chief executive Pierre Mariani from the public tribune at the Dexia Parliamentary Committee at the Belgian Parliament in Brussels November 7, 2011. Dexia's Belgian unit was nationalised in October for 4...
View Photo »Belgian-French financial services group Dexia chief executive Pierre Mariani attends the Dexia Parliamentary Committee at the Belgian Parliament in Brussels November 7, 2011. In October, Dexia's Belgian unit was nationalised for 4 billion euros and the group received state guarantees...
View Photo »Belgian-French financial services group Dexia Chairman Jean-Luc Dehaene leaves the Dexia Parliamentary Committee at the Belgian Parliament in Brussels November 7, 2011. In October, Dexia's Belgian unit was nationalised for 4 billion euros and the group received state guarantees from...
View Photo »Protesters gather at the Dexia building during a demonstration on October 15, 2011, in Brussels. Spanish 'Indignants' vowed to keep up pressure on European leaders as they led a 2,000-strong march in Brussels, the culmination of a months-long walk that has inspired the 'Occupy Wall...
View Photo »DenizBank Chief Executive and Dexia Management Board member, Hakan Ates, speaks during a news conference in Istanbul October 11, 2011. Dexia is planning to hold an auction for its fast-growing Turkish division DenizBank in coming weeks, according to two sources. Between June last year...
View Photo »People walk past the entrance of Dexia bank in La Defense business district, near Paris, Monday Oct. 10, 2011. Shares in embattled bank Dexia plummeted 33 percent when they resumed trading Monday after the lender became the first major victim of a worsening credit squeeze in Europe.
View Photo »The logo of Dexia bank is seen in La Defense business district, near Paris, Monday Oct. 10, 2011. Shares in embattled bank Dexia plummeted 33 percent when they resumed trading Monday after the lender became the first major victim of a worsening credit squeeze in Europe.
View Photo »The logo of Belgian-French financial services group Dexia is seen in Brussels October 10, 2011. Dexia agreed early Monday to the nationalisation of its Belgian banking division and secured state guarantees in a rescue that could pressure other euro zone governments to strengthen their...
View Photo »A woman leaves Belgian-French financial services group Dexia headquarters in Brussels October 10, 2011. Dexia agreed early Monday to the nationalisation of its Belgian banking division and secured state guarantees in a rescue that could pressure other euro zone governments to...
View Photo »Dexia Chairman Jean-Luc Dehaene holds a pen with the Dexia logo during a media conference at the Dexia bank headquarters in Brussels on Monday, Oct.10, 2011. Embattled bank Dexia said Monday the Belgian state will buy its Belgian subsidiary for euro4 billion (US$ 5.4 billion) as part...
View Photo »Pierre Mariani, chief executive of Belgian-French financial services group Dexia leaves the room after a news conference in Brussels October 10, 2011. Dexia agreed early Monday to the nationalisation of its Belgian banking division and secured state guarantees in a rescue that could...
View Photo »Dexia Chairman Jean-Luc Dehaene holds a pen with the Dexia logo during a media conference at the Dexia bank headquarters in Brussels on Monday, Oct. 10, 2011. Embattled bank Dexia said Monday the Belgian state will buy its Belgian subsidiary for euro 4 billion (US$ 5.4 billion) as part...
View Photo »Belgian-French financial services group Dexia Chairman Jean-Luc Dehaene speaks at a news conference in Brussels October 10, 2011. Dexia agreed early Monday to the nationalisation of its Belgian banking division and secured state guarantees in a rescue that could pressure other euro zone...
View Photo »Chief Executive of Dexia Pierre Mariani speaks during a media conference at the Dexia bank headquarters in Brussels on Monday, Oct. 10, 2011. Embattled bank Dexia said Monday the Belgian state will buy its Belgian subsidiary for euro 4 billion (US$ 5.4 billion) as part of a break-up of...
View Photo »Chief Executive of Dexia Pierre Mariani, left, and Dexia Chairman Jean-Luc Dehaene participate in a media conference at the Dexia bank headquarters in Brussels on Monday, Oct. 10, 2011. Embattled bank Dexia said Monday the Belgian state will buy its Belgian subsidiary for euro 4 billion...
View Photo »Chief Executive of Dexia Pierre Mariani, left, and Dexia Chairman Jean-Luc Dehaene participate in a media conference at the Dexia bank headquarters in Brussels on Monday, Oct.10, 2011. Embattled bank Dexia said Monday the Belgian state will buy its Belgian subsidiary for euro4 billion...
View Photo »Chief Executive of Dexia Pierre Mariani speaks during a media conference at the Dexia bank headquarters in Brussels on Monday, Oct.10, 2011. Embattled bank Dexia said Monday the Belgian state will buy its Belgian subsidiary for euro4 billion (US$ 5.4 billion) as part of a break-up of...
View Photo »The Dexia logo is seen through blinds at the Dexia bank headquarters in Brussels on Monday, Oct. 10, 2011. Embattled bank Dexia said Monday the Belgian state will buy its Belgian subsidiary for euro 4 billion (US$ 5.4 billion) as part of a break-up of the lender amid a severe liquidity...
View Photo »The Dexia logo is seen on top of a building from the Dexia bank headquarters in Brussels on Monday, Oct.10, 2011. The Belgian state will buy the national subsidiary of embattled bank Dexia for euro4 billion ($5.4 billion) as part of a wider bailout of the lender, the first banking...
View Photo »Dexia board members arrive for a meeting at French-Belgian bank Dexia's Belgium headquarters in Brussels, Sunday, Oct. 9, 2011. The board of the troubled French-Belgian bank Dexia meets in Brussels to discuss the breakup of the bank, which is facing a liquidity crisis. French and...
View Photo »People wearing masks of Dexia Bank Chairman Jean-Luc Dehaene, hold a fake banknote to protest against the vast sums of money spent to save Dexia, as they file a complaint on the first public complaint day against the bank and the Holding Communal on January 28, 2012. The Holding...
View Photo »Dexia Bank Belgium, and that was an arrangement within the group, has always acted as a liquidity centre. It was its duty to fund the other entities
Dexia is the first example outside Greece and Ireland, but what we hear from Italian banks is not encouraging either, and this highlights that the problem is becoming more broad-based.
France struck a very good deal on Dexia ... It would not be surprising that some people within the Belgian apparatus might feel uncomfortable with this
