Many large banks have been nationalised. Government intervention packages and state guarantees have tried to re-introduce liquidity into the financial markets and protect the wider economy. Government interventions across Europe are occurring on a size and scale unimaginable a year ago.

Welcome to the first in a series of updates designed to keep you up to speed on this rapidly changing area of the market. This update covers 14 core jurisdictions:

Belgium Denmark France
Germany Greece Iceland
Ireland Italy Luxembourg
Netherlands Portugal Spain
Switzerland United Kingdom

Updated copies of these papers will be available to you through the Financial Market Distress area of our website.

For additional information about the financial crisis, both within and outside of Europe, please refer to our Global Financial Markets Initiative page.


If you have any questions or require further information, please contact your usual contact at Mayer Brown or:

Bruce Bloomingdale
Tel: +44 20 3130 6211

Ed Parker

Tel: +44 20 3130 8922

Christine Wright

Lawyer (Australia)
Tel: +44 20 3130 3209