Showing posts with label Bank. Show all posts
Showing posts with label Bank. Show all posts

Tuesday, January 8, 2013

Moody’s affirms Dexia unit rating

Delano.lu | 8 January 2013
Finance: Part of troubled banking group Dexia has been given a stamp of approval after clearing a major reorganisation hurdle. Read article »

Thursday, December 13, 2012

Bradesco unit in Moody’s spotlight

Delano.lu | 13 December 2012
Finance: The Luxembourg subsidiary of Brazil’s second largest bank has received its first stand-alone score from one of the world’s main credit rating agencies. Read article »

Tuesday, November 27, 2012

Banking delays blasted

Delano.lu | 27 November 2012
Brussels: The new EU banking union should not be slowed down by member state negotiations, the European financial services commissioner has argued in a major newspaper interview, despite what a senior industry figure tells Delano are “huge unresolved problems.” Read article »

Friday, November 9, 2012

Dexia to get €5.5 billion more

Delano.lu | 9 November 2012
Finance: The troubled Franco-Belgian banking group has received yet another round of government rescue funding. Read article »

Thursday, October 25, 2012

Lloyds layoffs

Delano.lu | 25 October 2012
Banking: Private bank Lloyds TSB Bank Luxembourg will shutter its doors, making at least half of its staff redundant, according to trade unions representing the firm’s employees. Read article »

Wednesday, September 19, 2012

Iceland “failed” foreign Icesave clients

Delano.lu | 19 September 2012
Legal: Iceland’s government breached European law by neglecting to protect British and Dutch depositors after the collapse of Icesave, regulators told a court in Luxembourg on Tuesday. Read article »

Tuesday, August 28, 2012

BCEE increases income, reserves

Delano.lu | 28 August 2012
Finance: Banque et Caisse d’Épargne de l’État announced a big boost in deposit and lending activity--as well as to its capital buffers--during the first half of the year. Read article »

Monday, August 27, 2012

Dexia BIL may need bailout

Delano.lu | 27 August 2012
Finance: Dexia Group is likely to increase Dexia Banque internationale à Luxembourg’s capital reserves before the unit’s sale is finalised. Read article »

Thursday, July 19, 2012

Fitch lowers BIL but affirms BGL

Delano.lu | 19 July 2012
Finance: One of the major credit ratings agencies has downgraded Banque Internationale à Luxembourg, but maintained its grading of BGL BNP Paribas. Read article »