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 jbrunsden@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net

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