Dexia sees 2008 loss, plans to cut jobs

January 30 2009 17:49:44

Dexia sees 2008 loss, plans to cut jobs

Agence France-Presse

The share dividend has been cancelled, bonuses for management scrapped and salaries for directors lowered in an economy drive to save 200 million euros. Estimated losses in the fourth quarter of 2008 were put at 2.3 billion euros.

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