Fortis NV

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Belgium Flails as PM Quits in Bailout Scandal

Replacing him tricky as deeply divided nation slips into recession

(Newser) - Belgium is seeking to emerge from its third political crisis in the space of a year after PM Yves Leterme stepped down yesterday in a banking scandal. His government was accused of trying to influence a court case involving the bailout of Fortis, one of the first big banks to... More »

Banks Go Dutch on ABN Buy

Royal Bank of Scotland consortium expected to succeed with hostile bid

(Newser) - The race to buy Dutch bank ABN Amro is in the final stage—with a consortium led by the Royal Bank of Scotland apparently on the inside track ahead of  Barclays. The consortium has already won agreement from ABN and the Dutch government, but has yet to raise the $99... More »

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