Dexia received 6.4 billion euro bailout on Tuesday (Belgian government putting in 3 billion euros, French government put in 1 billion euros, and French state-controlled Caisse des Depots (CDC) 2 billion euros). Dexia stated new funding would boost Tier 1 capital ratio to 14%.
Neuberger Berman, the 69-year old asset management firm founded in 1939 by Roy Neuberger, agreed to be acquired by Bain Capital Partners LLC and Hellman and Friedman LLC.
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