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In 1997, Dexia takes a 40% stake in Crediop, Italy’s biggest privately owned bank, specialising in finance for local administrations. Dexia increases its shareholding in Crediop to 60% in 1998. The first listing of Dexia Group as a dual-listed company on the Paris stock exchanges dates from November 1999, at a price of €6.86 per share.
Dexia N.V./S.A., or the Dexia Group, is a Franco-Belgian financial institution formed in 1996. At its peak in 2010, it had about 35,200 members of staff and a core shareholders' equity of €19.2 billion.
Net income (€28,677,728) (2015) Total assets: €25,112,916,676 (2015) ... Dexia Crediop S.p.A. was an Italian bank specializing in financing public infrastructure ...
The company was founded as Dexia Asset Management, a branch of Dexia S.A, in 1996.Following its acquisition by New York Life Investments in February 2014, the company changed its name to Candriam, which supposedly stands for "Conviction AND Responsibility In Asset Management", representing two of the company's core values.
He joined the Dexia Group in 2001 as general counsel. [3] Upon his arrival, he was in charge of merging the activities of three banks: Dexia Bank, Bacob Bank and Paribas Bank Belgium. In January 2002, he became a member of the management board of Dexia Bank, and in January 2003 he became chairman of the management board of Dexia Bank and head ...
The 2008–2009 Belgian financial crisis is a major financial crisis that hit Belgium from mid-2008 onwards. Two of the country's largest banks – Fortis and Dexia – started to face severe problems, exacerbated by the financial problems hitting other banks around the world.
Four days later, on 24 June 2008, Dexia provided FSA with a credit line of 5 billion euros with an initial term of 5 years but renewable "as needed." [5] FSA posted for the first quarter of 2008 a $421.6 million (~$586 million in 2023) net loss.
Naïm Abou-Jaoudé, born on 9 July 1966 in Jal-El-Dib (), is the Chief Executive Officer (CEO) of New York Life Investment Management (NYLIM). NYLIM, a multi-boutique third-party asset management business, is part of New York Life Investments (NYLI), which oversees more than $600 billion in assets.