Watch Live


Dexia Seeks to Avoid Need for Further Capital Boost: L’Echo

Karel De Boeck, CEO of Dexia SA (DEXB), said he’ll do everything possible to avoid another capital injection, according to interview in L’Echo. *Says Dexia seeks to minimize losses to taxpayer from state support *Says “no one can know if we will have further need of a capital increase. But what we do know is that we are going to do everything possible not to end up there” *Says Dexia not threatened by losses resulting from Detroit bankruptcy *Says breakdown of talks to sell Dexia Asset Management unit wouldn’t be “dramatic” for bank’s finances *NOTE: Dexia, which is being wound down, has cost French taxpayers 6.6b euros: national auditor NSN MQ4TMQ0YHQ0X <GO>

To contact the reporter on this story: Jim Brunsden in Brussels at

To contact the editor responsible for this story: Anthony Aarons at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.