Finance: Dexia Group is likely to increase Dexia Banque internationale à Luxembourg’s capital reserves before the unit’s sale is finalised. In April Dexia Group agreed to sell 90 percent of the ...
Finance: One of Luxembourg’s largest financial institutions has had its credit rating cut in the wake its takeover by one of its shareholders. Moody’s Investors Services, one of the world&rsq...
Finance: Dexia Group has entered “into final negotiations” with bidders for its Luxembourg-based Dexia Asset Management unit. “Three international investors are still in competition,”...
Finance: The European Commission temporarily approved a €10 billion increase in Luxembourg, France and Belgium’s rescue of the region’s troubled banking group. The three countries agreed to bo...
Sovereign debt: Moody's Investors Service re-iterated the Grand Duchy’s top-notch credit rating in its annual review published late Monday night. Moody’s said the Luxembourg government&r...