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<title>EIN News: Belgium Banking News</title>
<link>http://www.einnews.com/belgium/newsfeed-belgium-banking</link><description>Constantly updated news and information about world affairs.</description><item>
<title>European Factors-Stocks seen down as financial uncertainty grows</title>
<link>http://www.einnews.com/news.php?wid=191664970</link>
<pubDate>6 Oct 2008 12:30 GMT</pubDate>
<description>
...  property lender Hypo Real Estate (HRXG.DE: ), Belgium and Luxembourg found a buyer for troubled  ...  billion in official reserves to help its banks secure enough foreign-currency liquidity. Italian Prime Minister  ...
</description>
</item><item>
<title>Asian Markets Accelerate Losses, Shedding 3%</title>
<link>http://www.einnews.com/news.php?wid=191664541</link>
<pubDate>6 Oct 2008 11:57 GMT</pubDate>
<description>
...  deal for lender Hypo Real Estate , Belgium and Luxembourg , and UniCredit , Italy&apos;s  ...  down, hitting a 21-month low, led by banks as investors ignored last week&apos;s approval of  ...  announcing a on its investment in troubled Belgian-Dutch financial group Fortis. Singapore&apos;s Straits Times Index  ...
</description>
</item><item>
<title>German bank rescued, S.Korea reassures lenders</title>
<link>http://www.einnews.com/news.php?wid=191664118</link>
<pubDate>6 Oct 2008 11:35 GMT</pubDate>
<description>
...  sweeping moves to shore up the global banking sector. As Asian markets opened on Monday,  ...  rescue deal for lender Hypo Real Estate, Belgium and Luxembourg found a buyer for troubled  ...  Meanwhile, BNP Paribas took control of the Belgian and Luxembourg businesses of troubled financial group  ...
</description>
</item><item>
<title>Oil prices fall $US2 on demand fears</title>
<link>http://www.einnews.com/news.php?wid=191664034</link>
<pubDate>6 Oct 2008 11:35 GMT</pubDate>
<description>
...  of ailing finance group Fortis&apos;s operations in Belgium and Luxembourg, in a deal which will  ...  plans for restoring confidence in the crisis-struck banking system, agreed to over the weekend by  ...
</description>
</item><item>
<title>Asian markets plunge on fears crisis is spreading</title>
<link>http://www.einnews.com/news.php?wid=191663984</link>
<pubDate>6 Oct 2008 11:34 GMT</pubDate>
<description>
...  second-biggest commercial property lender, part of a scramble by European governments to save failing banks. On Sunday, Belgian Prime Minister Yves Leterme said that Frances BNP Paribas SA had committed to taking  ...
</description>
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<title>EU leaders meet on global financial crisis</title>
<link>http://www.einnews.com/news.php?wid=191663711</link>
<pubDate>6 Oct 2008 11:33 GMT</pubDate>
<description>
...  like the United States,&quot; said Dominique Strauss-Kahn. Banking shares have plunged in Europe amid fears  ...  major banks, including Britain&apos;s Bradford &amp; Bingley, Belgian-Dutch Fortis, Belgium&apos;s Dexia and Germany&apos;s Hypo Real Estate. The  ...
</description>
</item><item>
<title>Europe backs off of U.S.-style economic rescue plan</title>
<link>http://www.einnews.com/news.php?wid=191662697</link>
<pubDate>6 Oct 2008 11:13 GMT</pubDate>
<description>
...  other far-reaching plans to reform Europe&apos;s struggling banking sector. Instead, they chose a much more  ...  plan, but backed off after Germany said banks must find their own way out. Leaders  ...  plan for the country&apos;s overstretched commercial banks. Belgian government and banking officials struggled to salvage  ...
</description>
</item><item>
<title>Bailout Epidemic Hits Global ETFs</title>
<link>http://www.einnews.com/news.php?wid=191660883</link>
<pubDate>6 Oct 2008 10:56 GMT</pubDate>
<description>
...  time to break the downward momentum. French, Belgian and Luxembourg authorities had to rescue Dexia,  ...  governments get to return the favor. Fortis, Belgium&apos;s largest bank and the first of Europe&apos;s big cross-border banks to flounder, received a lift to the  ...
</description>
</item><item>
<title>Germany on the brink of economic meltdown</title>
<link>http://www.einnews.com/news.php?wid=191660521</link>
<pubDate>6 Oct 2008 10:55 GMT</pubDate>
<description>
...  Governments across Europe scrambled to save failing banks on Sunday, working largely on their own  ...  the credit crunch -- government officials and banking chiefs were discussing a possible rescue plan  ...  plan for the country&apos;s overstretched commercial banks. Belgian government and banking officials struggled to salvage  ...
</description>
</item><item>
<title>EU leaders short on solutions for crisis</title>
<link>http://www.einnews.com/news.php?wid=191660493</link>
<pubDate>6 Oct 2008 10:55 GMT</pubDate>
<description>
...  aim to reassure jittery markets and investors. Banking shares have plunged amid fears that banks  ...  last week, including Britain&apos;s Bradford &amp; Bingley, Belgian-Dutch Fortis, Belgium&apos;s Dexia and Germany&apos;s Hypo Real Estate. The  ...
</description>
</item><item>
<title>Oil falls to $US92 per barrel</title>
<link>http://www.einnews.com/news.php?wid=191660466</link>
<pubDate>6 Oct 2008 10:55 GMT</pubDate>
<description>
...  scramble by European governments to save failing banks. &quot;What happened over the weekend was further  ...  no good for oil demand.&quot; Also yesterday, Belgian Prime Minister Yves Leterme said that France&apos;s  ...  the credit crunch - government officials and banking chiefs were discussing a possible rescue plan  ...
</description>
</item><item>
<title>G-7 may consider coordinated rate cuts</title>
<link>http://www.einnews.com/news.php?wid=191660300</link>
<pubDate>6 Oct 2008 10:55 GMT</pubDate>
<description>
...  do little to ease borrowing strains because banks will still be reluctant to part with  ...  the global outlook. Since mid-September, Britain, Germany, Belgium, France, Luxembourg, Denmark, the Netherlands and Ireland  ...  a letter to finance ministers and central bankers. Prasad, of the Brookings Institution, said that  ...
</description>
</item><item>
<title>BNP Paribas to take majority stake in Fortis</title>
<link>http://www.einnews.com/news.php?wid=191660081</link>
<pubDate>6 Oct 2008 10:54 GMT</pubDate>
<description>
...  of London on September 17, 2008 in London, England. (Cate Gillon, Getty Images) BRUSSELS, Belgium (AP) - The Belgian prime minister says French banking giant BNP Paribas will take a majority 75 percent share of troubled bank Fortis  ...
</description>
</item><item>
<title>Banking on a truly European approach?</title>
<link>http://www.einnews.com/news.php?wid=191660040</link>
<pubDate>6 Oct 2008 10:54 GMT</pubDate>
<description>
...  soon. Just last Sunday, the governments of Belgium, Luxembourg and the Netherlands joined forces to  ...  Netherlands joined forces to save the ailing banking group Fortis. Yet, a mere five days  ...  pretty clear. In Europe, most of the banks that got hooked on junk mortgages were  ...
</description>
</item><item>
<title>No joint European strategy on banks</title>
<link>http://www.einnews.com/news.php?wid=191659729</link>
<pubDate>6 Oct 2008 10:53 GMT</pubDate>
<description>
...  stock markets have taken a battering and banks have collapsed, thanks to the complex connections  ...  The governments of Britain, France, Germany, Ireland, Belgium, the Netherlands and Iceland have all had  ...
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