BNET Industries
Last Fiscal Year Sales:$114.3B
- Public
- NL
Dow Jones Description
Fortify your investment! Fortis N.V (Euronet Ams: FORA) founded in 1990, provides banking, insurance and investment management services .With a revenue of $83 billion, it is one of the twenty largest financial institutions in Europe. Based in Utrecht, it employs 57,000 people. Its operations include network, commercial, and merchant banking; and its insurance products include life, health, and property/casualty lines and others. It has a presence in 44 countries and has a market capitalisation of EUR 39 billion. The company was rated number six in the top-50 best-performing European enterprises in the June 2005 issue of Business Week
Number of Employees 57,088
Peer Companies
NAICS Code Trust, Fiduciary, and Custody Activities: 523991
News & Analysis
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fortis n.v. - All News and Analysis
Latest Fortis bid may be third time lucky
The plan may finally win Fortis shareholder support THE LATEST proposals for BNP Paribas to buy the ailing Fortis banking operations could prove to be third time lucky in securing shareholder approval. The new package put together by the Belgian government raises the net asset...
EUROPEAN UNION
Stock markets Shares fell 1.5 per cent as investor concern intensified about the scale of the economic slowdown, with financials leading indices lower. But Fortis rose nearly 18 per cent on market talk that Belgium's government was set to buy the rest of the troubled financial services...
Belgian government offers to resign
BRUSSELS, Belgium -- Belgian Prime Minister Yves Leterme offered the resignation of his entire government Friday over allegations it sought to interfere with a court case on the Fortis bank bailout. Justice Minister Jo Vandeurzen resigned earlier Friday after Belgium's highest court said the government had tried last...
Belgian gov't pumps 3.5bln euros into KBC bank
BRUSSELS AFP — KBC became the latest Belgian bank to get its capital shored up by the Belgian state which pumped 3.5 billion euros (4.4 billion dollars) into the group on Monday after a share slump. After riding to the rescue rival banks Fortis and Dexia earlier this month,...
Tennis: Jankovic to end season on top
ST. PETERSBURG, Fla. AP -- Jelena Jankovic of Serbia will end the season at No. 1, outlasting four other players who held the top ranking during the year. Jankovic's 4,555 points give her a commanding lead over Dinara Safina (3,782) and Serena Williams (3,716). She will retain the...
Fortis shareholders to sue company bosses in Dutch court
THE HAGUE AFP — Shareholders of former Belgian-Dutch financial group Fortis, now dismantled and part-nationalised, are to sue three former company bosses in a Netherlands court for fraud, their lawyer told AFP Thursday. The shareholders have appointed a firm of advocates in Amsterdam to represent their claim against former...
Fortis shares resume trading down over 60%
BRUSSELS AFP — Shares in Fortis bank were worth barely two euros when they resumed trading Tuesday for the first time since the group was broken up earlier this month, down over 60 percent from the previous closing price. Fortis shares have not traded since Friday October 3, just...
Shareholders threaten legal action over Fortis bailout deal
BRUSSELS AFP — Fortis shareholders on Monday mulled legal action after French bank BNP Paribas agreed a deal with the Belgian and Luxembourg governments to carve up the troubled finance group. "It is an outrage that management, at a time where more than 80 percent of the value of...
Germany and Denmark to guarantee all savings
* Germany's second-biggest lender in EUR 50bn salvage plan * BNP Paribas to take a majority share in Fortis GERMANY sent shockwaves through the European financial system yesterday when Chancellor Angela Merkel said that her government would guarantee all private savings accounts with immediate effect. ...
Belgian PM talking to private groups about Fortis stake
BRUSSELS, AFP — Belgium's prime minister said Sunday that he was in talks with private groups on the future of the troubled Fortis financial group and that there would be an announcement "within hours". Over the weekend the Belgian government has been mulling the future of Fortis, amid speculation...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Alain Deschenes | CIO |
| Gilbert Mittler | CFO |
| Jean-Pierre Cardinael | CTO |
| Joop Feilzer | Chief, Institutional Relations |
| Antonio Nanez | Vice President, Global Commodity Group |
| Jos Clijsters | |
| Paul Votron | |
| Stad Rotterdam |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Annemieke Roobeek | Board of Directors |
| Baron Daniel Janssen | Board of Directors |
| Baron Philippe Bodson | Board of Directors |
| Baron Piet Van Waeyenberge | Board of Directors |
| Daniel Janssen | Board of Directors |
| Jacques Manardo | Board of Directors |
| Jan Slechte | Vice Chairman |
| Jan-Michiel Hessels | Board of Directors |
| Klaas Westdijk | Board of Directors |
| Philippe Bodson | Board of Directors |
| Piet Van Waeyenberge | Board of Directors |
| Rana Talwar | Board of Directors |
| Richard Delbridge | Board of Directors |
| Ron Sandler | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | CIO | Current |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | CFO | Current |
| CaiFor, S.A. | Board of Directors | Current |
| Fortis, Inc. | Chief Financial Officer | Former |
| Fortis, Inc. | Director of Fortis Group Finance & Development and Secretary | Former |
| Fortis, Inc. | member | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | CTO | Current |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Chief, Institutional Relations | Current |
| Fortis Investment Management Belgium SA | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Vice President, Global Commodity Group | Current |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Current | |
| Fortis, Inc. | Former | |
| The Catholic University of America | Masters degree in applied economics | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Current | |
| Fortis, Inc. | CEO | Former |
| ABN AMRO Holding N.V. | Senior Executive Vice President International Consumer Banking | Former |
| Citigroup Inc. | member | Former |
| Fortis, Inc. | member | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Current | |
| Aegon | manager for marketing | Former |
| Fortis, Inc. | member | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| UCB, S.A. | Deputy Chairman | Former |
| UCB, S.A. | Board of Directors | Former |
| Harvard University | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| Fortis, Inc. | member | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| INSEAD | MBA | Former |
| University of Illinois | Master of Science degree in Agricultural Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| Deloitte Touche Tohmatsu | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Vice Chairman | Current |
| Fortis N.V. | Vice Chairman | Current |
Mr. Hessels, age 66, is the chairman of the NYSE Euronext Board of Directors. He served as chairman of the supervisory board of Euronext since its creation in September 2000 until the merger of Euronext and NYSE Group. Before that, he was a member of the supervisory board of Amsterdam Exchange since its creation in 1997. He was the chief executive officer of Royal Vendex KBB from 1990 to 2000, and served on the supervisory boards of Royal Vopak N.V. (the Netherlands ) from 1999 to 2005, Laurus N.V. (the Netherlands ) from 1998 to 2004, B&N.com Inc. from 1999 to 2003 and Schiphol Group N.V. (the Netherlands ) from 1993 to May 2006. Mr. Hessels is the chairman of Royal Philips Electronics N.V. (the Netherlands ) and SC Johnson Europlant N.V. (the Netherlands ), and deputy chairman of the supervisory board of Fortis N.V. (the Netherlands/Belgium), and serves on the boards of Euronext Amsterdam N.V. (a subsidiary of Euronext), and Heineken N.V. (the Netherlands ). Mr. Hessels also serves on the international advisory board of SC John son Corporation. In addition, he chairs the board of the Netherlands Committee for Economic Policy Analysis.
| Organization | Position | Status |
|---|---|---|
| NYSE Euronext | Chairman | Current |
| Fortis N.V. | Board of Directors | Current |
| Euronext NV | Chairman | Former |
| The London School of Economics | Master of Law | Former |
| Morgan Stanley | Member | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| University of Utrecht | Master's degree in Law | Former |
| University of Chicago | Master's degrees in Law and Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Standard Chartered plc | Group Chief Executive | Current |
| Fortis, Inc. | Board of Directors | Current |
| Fortis N.V. | Board of Directors | Current |
| Kelley School of Business Bloomington | Member , Governing Body | Current |
| Standard Chartered plc | Group Executive Director | Former |
| Schlumberger Limited | Chairman of Sabre Capital Worldwide Inc. | Former |
| Schlumberger Limited | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| HSBC Holdings plc | Group Finance Director | Former |
| University of California, Berkeley | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| Ironshore Technical Services, Inc. | Leader | Current |
| Northern Rock PLC | Non-Executive Chairman | Current |
| Computacenter plc | Chairman | Current |
| Oxygen Insurance | Chairman of Computacenter Plc | Current |
| Fortis, Inc. | Director | Current |
| Ironshore Technical Services, Inc. | Board of Directors | Current |
| Fortis N.V. | Board of Directors | Current |
| Palamon Capital Partners, LP | Chairman of Computacenter, Oxygen | Former |
| Stanford University | MBA | Former |
| Cambridge University | MA in engineering | Former |
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