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Text size [+][-]  Friday March 12 2010GLOBAL EDITION

Considered view
02 Jul 2009 12:01

From the brink

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The Belgian-French bank has closed the sale of FSA, its troubled US monoline insurer, for $817m. Dexia is keeping FSA’s $17bn portfolio of toxic assets. But after losing E3.2bn last year, the bank is making money in the first half. Cautious confidence in its future is justified.

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More stories by:  Pierre Briançon






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