Economics
Dexia makes 11.6 billion euro net loss
Franco-Belgian bank Dexia recorded record losses of 11.6 billion euros in 2011, according to figures publicly released on Thursday.
Franco-Belgian bank Dexia recorded record losses of 11.6 billion euros in 2011, according to figures publicly released on Thursday
The deficit marks a new record in the bank's history and reflects the massive upheavals experienced by the institution before and after it was extended a rescue plan.
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