Belgium

I have been reading press accounts of the GM decision to back out of the Opel/Vauxhall sale to the Magna/Sberbank consortium from various countries. There are a lot of different perspectives on this event in the U.S., Belgium, Spain,…

This is my translation of a Dutch-language article which appeared today in Belgian daily De Tijd. Let’s see if this news is picked up in the U.S. Citibank Belgium never should have recommended the controversial Lehman Brothers…

Fortis, the nationalised Belgo-Dutch bank and largest private employer in Belgium. This is a good thing as I have a distinct preference for mergers over bankruptcy or long-term nationalisation as a way to hep consolidate and rationalize…

The Dutch-Belgian bank Fortis has come under pressure in the aftermath of the WaMu bankruptcy. With the credit markets seized up globally, weaker banks are being attacked regardless of nationality - Wachovia, NCC and CIT Group in the US,…

Fortis, the Dutch-Belgian banking giant under pressure to shed assets because of the credit crisis, has disposed of part of its ABN Amro acquisition. Deutsche Bank has acquired the assets for 709 million Euros, according to a report in the…

You kind of saw this one coming.Bloomberg News article here