Global financial crisis in October 2008 by the Senate, 263-171 in a bipartisan vote. Discussions were ongoing in Europe regarding possible remedies for financial instability in Europe leading up to a conference Saturday afternoon in Paris hosted by Nicolas Sarkozy, president of France. UniCredit of Italy was reported to be the latest bank to come under pressure. During the night of October 2 Greece followed Ireland's lead and guaranteed all bank deposits. On October 3 it was reported that Wachovia had rejected the previous offer from Citigroup in favor of acquisition by Wells Fargo, resulting in a legal dispute with Citigroup. In Britain, the Financial Services
Global financial crisis in October 2008 the Netherlands bailed out ING, the Dutch bank, with a €10 billion capital rescue plan. On Monday the government of Belgium rescued the insurance company Ethias with a €1.5 billion capital injection. In Germany BayernLB has decided to apply for funds from the German €500 billion rescue program. Sweden announced formation of a 1.5 trillion kronor fund to support inter-bank lending and a 15 billion kronor capital injection plan. Swedish banks were reported to be increasingly affected by the financial crisis. An IMF rescue plan for Iceland was reported to be near finalization while Ukraine was reported to be in