Connect to share and comment

URGENT ¥¥¥ Dutch state nationalises troubled bank SNS Reaal: minister

PlacardEnlarge
(Globalpost/GlobalPost)

The Dutch state on Friday nationalised troubled banking and insurance group SNS Reaal, at a cost of 3.7 billion euros, Finance Minister Jeroen Dijsselbloem said.

"Today, SNS Reaal has been fully taken over by the Dutch state. I have nationalised SNS Reaal," Dijsselbloem told a press conference.

cjo-jhe/yad

http://www.globalpost.com/dispatch/news/afp/130201/urgent-dutch-state-nationalises-troubled-bank-sns-reaal-minister

.

Featured Slideshow

EU Basel Art Show

Art Basel gathers works from around the world for its annual shows.