Oct. 9

The governments of Belgium, France and Luxembourg will guarantee all new borrowings and bond financings of the troubled lender Dexia until November next year, according to the bank.

Oct. 8

The British government announced a massive plan which would inject 50 billion pounds (87 billion US dollars) into its banks through the purchase of preferred shares.

Oct. 6

The troubled banking and insurance group Fortis confirms that French banking giant BNP Paribas will buy all of Fortis' insurance operations in Belgium and a 75-percent stake in Fortis' banking activities in Belgium.

Oct. 5

Germany pledges to guarantee private deposits, which the government says is a "political" step to restore public confidence toward the banking system.

Oct. 4

Leaders from the EU's four largest economies – Germany, Britain, France and Italy – vow to work in a coordinated way in tackling financial crisis.

Oct. 3

The Dutch government says it has bought all the Dutch operations of Belgian-Dutch banking and insurance group Fortis for16.8 billion euros.

The US House of Representatives approved a revised 700 billion dollars bailout plan, authorizing the government the largest financial intervention since the Great Depression.

Oct. 2

Irish parliamentarians vote to enact radical legislation guaranteeing Irish bank deposits and debts up to a total of 400 billion euros.

Oct. 1

Belgium, France and Luxembourg rush to provide nearly 6.4 billion euros to save Franco-Belgian bank Dexia, the latest victim of the global credit crunch in Europe.

The European Commission President Jose Manuel Barroso calls for a joint response from the EU member states to the current financial crisis.

Sept. 30

British Prime Minister Gordon Brown says his government will do "whatever it takes" to protect people's savings in the face of the ongoing global financial crisis.

Sept. 29

Britain announces planned nationalization of mortgage lender Bradford & Bingley Plc. Banking.

Dutch-Belgian banking and insurance group Fortis is pulled back from the verge of bankruptcy as the governments of Belgium, the Netherlands and Luxembourg agree to invest a total of 11.2 billion euros (US$ 7.8 billion) in return for a minority stake in the group.