Danish Bank Mulls Bail-Out

20 Jan 2012

Vestjsk Bank, Denmark’s eighth largest lender, said it may ask the Danish government to help it financially by converting a near-$250 million hybrid loan into equity.

Vestjsk Bank, Denmark’s eighth largest lender, said it may ask the Danish government to help it financially by converting a near-$250 million hybrid loan into equity. The aid request would make it the 11th small bank in the country to be taken over by the government since 2008 ...

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