Eurovision Bailout Contest

Eurovision Bailout Contest

Mapping the meltdown across the Atlantic.

Posted Monday, October 6, 2008 - 4:15pm

Oct. 6: Belgian insurance operations and some of banking business to be sold to French bank BNP Paribas for 14.5 billion euros; remainder of banking business to be sold to Belgian government.

 

Bank: Glitnir Bank; commercial bank

Head office: Reykjavík, Iceland

Assets: 3 trillion Icelandic kroner (around 15.3 billion euros) in assets (2007)

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