What are the consequences of the financial crisis in France for bank clients? Commentary alternating with a micro-sidewalk and interviews with Jean-François GABILLA, President of the French Federation of Promoters and Builders, and Fabrice REMON, Deminor small shareholder advisor.
Report on the dismantling of the Franco-Belgian bank DEXIA. Explanation of the future of the bank and its employees. Commentary on illustration and infographic images. [Source: Documentation France 3] The French and Belgian states stole to the aid of Dexia bank, on the verge of bankruptcy. It will be dismantled. The Belgian State will nationalize Dexia Belgium which buys 4 billion euros (pallet). In order to reassure customers: in Belgium Dexia is a deposit bank. In France, Dexia’s main role is to finance local authorities. It will give birth to a new bank, owned by both the caisse des dépôts and the postal bank (palette), 2 companies with public capital and solid resources. The employees of the French headquarters are reassured. But Dexia is burdened by risky financial assets. These assets will be contained in a structure called "bad bank", with financial guarantee from France, Belgium, and Luxembourg (palette). According to the rating agency Moody’s, this guarantee of the French State should not have any influence on the rating of France
Report on the Franco-Belgian bank Dexia, which is on the verge of bankruptcy after losing 22% of its stock market value. The 2000 French employees are very worried in this economic climate more than tense. Alternately, commentary on factual images and interviews with Claude CAPILLON, mayor of Rosny sous Bois, Christian PARISOT, chief economist at BGC Aurel and Pascal CARDINEAU, CFDT Dexia delegate.
New bankruptcy of a Lebanese bank based in Paris, UBC (United Banking Corporation), following a fraud of 200 million Francs. The Director and the attorney were charged.
Report. In Greece, the whole economy is slowing down because of a lack of liquidity. In garages, cars are repaired but not recovered, on market stalls, goods are scarce and hoteliers have recorded nearly 300,000 cancellations. Update on the situation with comments from Laurent DESBONNETS.
Banks in Cyprus are closed for a long time, following the announcement of an unprecedented tax on bank deposits as part of a rescue plan for the island. Queue in front of an ATM. Cypriot micro sidewalk.
According to the results presented yesterday, Lyons credit recorded a deficit of 6.9 billion francs in 1993. the public authorities have committed almost 22 billion francs in the rescue operation of the first French bank.
The Private Commercial Bank (BCP), on the brink of bankruptcy, closed its doors without warning its customers. Only a poster pasted on the door that a provisional administrator has been appointed. Interview with a client: "It’s not funny... All our accounts are blocked.... And how do we live?.". Interview with Patrick CHAVANNE - Chief Operating Officer TGVU - customer of the bank: "we have money in this bank... They can’t give it back to us... On Monday I file for bankruptcy, it’s clear...".
Argentina has been experiencing for several years a serious economic crisis characterized by a very high external debt and unemployment rate. Explanations of the economic situation of the country and the price to be paid by the Argentinians for the convertibility of the peso, on images of the city of Buenos Aires where Argentinians queue in front of their bank, always on the verge of bankruptcy. Microttoirs, especially with a woman now forced to make street sales to survive.
Following rumours of bankruptcy, many Nice supporters rushed to the Caisse d'Epargne to withdraw their money. Microtrottoir and Interview with M. MOUGENOT, Director of the Nice Savings Bank: "In no case can there be bankruptcy since the Savings Banks are under the control and guarantee of the State."