Fortis could become the credit crunch’s first eurozone victim »
By admin on Sep 29, 2008 in Banking | 0 Comments
The credit crunch seems poised to claim its first major eurozone victim this week. The Belgian-Dutch financial group Fortis, which specialises in banking and insurance, may sell itself or its ABN AMRO Dutch banking subsidiary. Its fate is being closely monitored by European Union officials, too.
The finance ministers and central banks in Belgium and the [...]