Dexia Bank

CDS spreads tighten as bailout is revised

The cost of protection on some of the world’s largest financial institutions fell yesterday as the US Senate agreed to vote on a revised version of the $700 billion financial rescue plan.

Month of bailouts continues with Dexia rescue

European bank Dexia, listed on the French and Belgium stock exchanges, on Tuesday received a €6.4 billion capital injection in exchange for shares from the governments of Belgium, France and Luxembourg as well as private investors.

Regulatory changes good news for investors

Forthcoming changes in the accounting practices of banks, imposed by regulators through Basel II and International Financial Reporting Standards (IFRS), will “make balance sheets speak up", according to Jean-Bernard Caen, group capital manager at Belgian…

Regulatory changes good news for investors

Forthcoming changes in the accounting practices of banks, imposed by regulators through Basel II and International Financial Reporting Standards (IFRS), will "make balance sheets speak up", according to Jean-Bernard Caen, group capital manager at Belgian…