Are European banks too big to fail?
This interactive map explores the relative size of business and government. Updated to show tier 1 capital ratios for each bank, and household debt levels as percentage of GDP
Fortis’s rescue
Resources
Belgian regulator examining Fortis executives
The Belgian financial regulator has sent letters to 640 senior executives connected to Fortis as part of an investigation into insider trading at the financial group
Dutch pursue twin track for Fortis and ABN
Effort to satisfy European competition regulators that a merger between the two state-owned banks should be allowed to go ahead prior to a re-privatisation
Former Fortis chairman breaks year-long silence
A year after Fortis shareholders lost the bulk of their investment, a near-apology from the Belgian financial group’s former chairman received mixed reactions
FBN agrees sale of tax arm
Fortis Bank Nederland has agreed to sell its tax administration and structuring business to Waterland, a Dutch private equity house, by the end of the year
Related content and features
Interactive
Timeline of Fortis’ downfall
View key moments in downfall of Fortis, the largest European financial financial institution to be bailed out as a result of the turmoil in the credit markets
Global banking league
The worst financial crisis since the second world war has not only forced governments across the western world to step in and rescue giant institutions. Amid the turmoil, there has also been a dramatic shift in banking’s centre of gravity
Comment and Analysis
The chastening of Belgian finance
The ambitions of Brussels’s financials have crumbled, but the Fortis bank has been the most spectacular failure and is set to disappear
Third time lucky for BNP in Fortis deal?
Baudouin Prot, BNP chief executive, says the bank would be better positioned to meet the financial crisis after the purchase, but questions remain
BNP Paribas/Fortis
For all the commotion, including the resignation of a Belgian prime minister, little has really changed. Investor attention will soon turn to the main event: BNP’s capital position
Prot succeeds in Belgium as French doors close
Perseverance by the top duo at BNP Paribas has led to their clinching a deal for a majority stake in Belgian bank Fortis, in a relationship likely to prove highly political
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