Fortis, the Belgian-Dutch financial giant and former consortium partner of Royal Bank of Scotland, became the latest victim of heavy exposure to sour mortgages, forcing three European governments to swoop to engineer an emergency rescue yesterday.
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Governments rescue Fortis but bank woes spread
Fortis, the Belgian-Dutch financial giant and former consortium partner of Royal Bank of Scotland, became the latest victim of heavy exposure to sour mortgages, forcing three European governments to swoop to engineer an emergency rescue yesterday.
