Troubled Dutch bank SNS looking at sh

Troubled Dutch bank SNS looking at share issue
Associated Press

A man operates a smart phone outside a SNS bank Amsterdam, Netherlands, Monday Jan. 28, 2013. SNS Reaal NV, the troubled Dutch banking and insurance group, is looking to strengthen its capital reserves through strategies including a possible share issue. SNS, which has assets worth Euros 134 billion as of the end of June 2012, has been profitable in recent quarters. But its solvency has deteriorated as the Euros 9.8 billion property financing portfolio it bought from ABN Amro in 2006 has booked big losses on foreign investments and the Dutch commercial real estate market. (AP Photo/Peter Dejong)

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