Sunday, September 28, 2008

It’s becoming routine now

Financial crisis: Fortis to become latest victim of bank crisis

Fortis, a giant Belgian-Dutch bank is poised to become the biggest European casualty of the banking crisis, with regulators in Europe trying to negotiate a rescue package. The bank, which has a significant presence in the UK – it is the country's third largest car insurer – could become the largest victim of the financial turmoil that has swept from Wall Street across the Atlantic.

Posted by landedgentry @ 10:13 PM (638 views)
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