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Dexia (DEXB-BT) |
Reuters
10 hrs ago
Comment
A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase & Co of misleading Belgian-French bank Dexia SA into buying more than $1.6 billion of troubled mortgage debt.
New York Times
Apr 3
Comment
In a major victory for JPMorgan Chase, Judge Jed Rakoff dismissed claims by Dexia, a Belgian-French financial institution that had sued the nation's largest bank over losses on $1.6 billion in 65 residential mortgage investments.
Financial Times
Feb 21
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Franco-Belgian lender says it is over the worst after suffering net losses last year of €2.9bn compared with losses of €11.6bn in 2011
Banking Business Review
Feb 1
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Franco-Belgian bank Dexia is attempting to secure a loan worth €40bn ($54.3bn) from global investment banks, in a bid to lessen financial reliance on the European Central Bank (ECB).
The Australian
Feb 1
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GINA Rinehart's Hancock Prospecting has welcomed the arrival of fund manager Ausbil Dexia, headed by Paul Xiradis, as Fairfax Media's newest substantial shareholder.
Banking Business Review
Jan 1
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European Union regulators have granted $7.3bn bailout package for banking group Dexia. Further, France, Belgium and Luxembourg have agreed to offer €85bn refinancing guarantee, according to the bailout plan.
Wall Street Journal
Dec 31
Comment
Franco-Belgian bank Dexia gave fresh details of its European Union-backed plan for winding down the bank, warning that its earnings would be hit by high borrowing costs and expenses related to asset sales.
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