BNP takes over parts of Fortis and Unicredit to raise €6.6B capital |
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Quote: ‘If you want to be wealthy, think of saving as well as getting.’ Benjamin Franklin (1706-1790) The News: Austria, Denmark and Germany guarantee all bank deposits after Paris summit decides no EU-wide bail-out fund is needed. BNP takes over parts of Fortis and Unicredit to raise €6.6B capital. The Numbers: British Summer Time, with expectations and previous figures in brackets. From today GB September HBOS House Prices (-1.9% to –1.5% M/M, -12.8% to –12.2% Y/Y, vs –1.8% and –10.9%).
Filed under: Technical
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