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France, Belgium, Luxembourg agree Dexia rescue

Last Updated: Sunday, October 9, 2011, 20:29

France, Belgium and Luxembourg agreed a rescue plan for Dexia SA on Sunday ahead of a planned board meeting expected to decide on a break-up of the first lender to fall victim to the euro zone crisis.

Franco-Belgian bank Dexia's shares fall by over a fifth

Last Updated: Tuesday, October 4, 2011, 18:33

Another half a billion Euros was wiped off the market value of Dexia on Tuesday as investors grew increasingly concerned about its survival in its current form despite government promises to prop up the bank and insure every cent of its deposits.