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- Fortis Earns $49 Million in the Third Quarter
- Fortis Inc. ("Fortis" or the "Corporation") (TSX: FTS) recorded third quarter net earnings applicable to common shares of $49 million, or $0.31 per common share, compared to earnings of $31 million, or $0.20 per common share, for the third quarter of 2007. Third quarter 2008 results included a tax reduction...
- Research articles 2008-10-31
- Monthly Competitor Tracker for the Retail Banking Industry
- DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/5420e3/retail_banking_com) has announced the addition of the "Retail Banking Competitor Tracker" report to their offering. The Retail Banking Competitor Tracker is a monthly product providing updates on key events relating to major and innovative players in the retail banking sector. Covering events such...
- Research articles 2008-10-15
- Fortis statement on DNB decision for EC Remedies sale
- Fortis has been informed by De Nederlandsche Bank DNB, the Dutch central bank, that the decision for approval of the sale of several ABN AMRO assets to Deutsche Bank will not be made until further notice, following further review. DNB referred to the exceptional circumstances on international financial markets,...
- Research articles 2008-09-30
- Fortis to sell ABN AMRO TEDA share to Old Mutual
- Fortis Bank SA/NV ("Fortis"), Old Mutual plc ("Old Mutual") and Tianjin TEDA Investment Holding Co., Ltd ("TEDA") have entered into an agreement for Old Mutual to acquire the 49% stake that Fortis holds in ABN AMRO TEDA...
- Research articles 2008-08-21
- Results first half-year 2008
- Fortis's first half year net profit of EUR 1,638 million Net profit up 3% in second quarter 2008 to EUR 830 million, but environment is becoming more difficult * Fortis first half year 2008...
- Research articles 2008-08-04
- Fortis, ABN AMRO and Deutsche Bank agree on sale of parts of ABN AMRO Business Unit Netherlands
- Amsterdam / Brussels / Utrecht / Frankfurt, 2 July 2008 Fortis, ABN AMRO and Deutsche Bank announced today that they have signed an agreement by which Deutsche Bank will acquire from ABN AMRO parts of its commercial banking activities in the Netherlands for EUR 709 million in cash. ...
- Research articles 2008-07-02
- Fortis appoints Kristof Macours as Company Secretary
- The Fortis Board of Directors has appointed Kristof Macours as Fortis Company Secretary. Mr Macours succeeds Ingrid Loos, who has held this position since 1 January 2006 and who has decided to pursue her career outside of Fortis.
- Research articles 2008-06-06
- Fortis and Delta Lloyd in talks on the acquisition of 51% of the share capital of ABN AMRO Verzekeringen
- REGULATED INFORMATION Fortis and Delta Lloyd in talks on the acquisition of 51% of the share capital of ABN AMRO Verzekeringen Fortis, ABN AMRO and Delta Lloyd have begun talks on ABN AMRO Verzekeringen AAV. Fortis wants to take over Delta Lloyd's 51% stake in ABN AMRO Verzekeringen....
- Research articles 2008-05-20
- Fortis launches 'Life is a curve' campaign
- Fortis will launch on 16 June its first fully integrated advertising campaign. The 'Life is a curve' campaign encourages people to think about their financial needs today and plan for tomorrow, with the help of a trusted partner such as Fortis. It brings together for the first time all Fortis...
- Research articles 2008-06-13
- Asset Management Competitor Tracker, January 2008 - Track the Strategies Announced by 50+ of Your Key Competitors
- DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c90169) has announced the addition of Asset Management Competitor Tracker, January 2008 to their offering. This monthly tracker covers product innovation, customer targeting, M&A, partnerships and organic growth activity globally in the asset management space. Key reasons to purchase this title ...
- Research articles 2008-04-28
- Fortis and ABN AMRO announce the first step in the sale of parts of ABN AMRO Business Unit Netherlands
- Today Fortis and ABN AMRO announce the first step in the sale of parts of the commercial banking activities of ABN AMRO Business Unit Netherlands BU NL. This consists of Hollandsche Bank Unie N.V., two corporate clients units and 13 commercial advisory branches. In addition, the Dutch factoring company...
- Research articles 2008-04-03
- Santander Purchases From Fortis ABN AMRO's Asset Management Activities in Brazil
- Fortis and Santander today announced that they have reached an agreement by which Santander will purchase from Fortis the Brazilian asset management activities of ABN AMRO, which Fortis acquired as part of the Consortium's (RBS, Fortis and Santander) purchase of ABN AMRO. Fortis will retain the Latin American (ex-Brazil)...
- Research articles 2008-02-27
- Note to editors: ABN AMRO results of activities acquired by Fortis to be published on 28 February 2008
- On 28 February 2008, at 8.00 CET, Fortis will issue a press release to present its pro forma non-consolidated financial results of the ABN AMRO activities it has acquired as part of the consortium bid for ABN AMRO. The full year results of Fortis will be released on 7...
- Research articles 2008-02-27
- Fortis welcomes permission from DNB for demerger of ABN AMRO Asset Management
- First milestone in separation and integration process Fortis welcomes the permission from the Dutch central bank DNB concerning the proposed demerger of ABN AMRO Asset Management AAAM from ABN AMRO Bank. This demerger is expected to be completed at the end of...
- Research articles 2008-01-31
- Fortis Confirms Sound Capital and Solvency Position and Unchanged Dividend Policy
- Update on 2007 profit forecast taking into account very stringent and market consistent sub prime assumptions In view of recent market speculation, Fortis provides the market with the following information, which was also presented to the regular Fortis Board of Directors meeting of 25 January 2008. Regarding the...
- Research articles 2008-01-27
- Fortis offers first ABN AMRO investment product to customers in Belgium and Luxembourg
- ABN AMRO World Bank Eco-3Plus Note Just three months after the acquisition of ABN AMRO, Fortis Retail Bank will launch a sustainable investment product in collaboration with ABN AMRO Markets and the World Bank as the issuer of the Note for its customers in Belgium and Luxembourg. In...
- Research articles 2008-01-11
- Fortis raises EUR 210 million from former holders of ABN AMRO preference shares
- Fortis today completed an issue of preference shares of Fortis Bank Nederland Holding N.V. These preference shares, which were issued as an alternative measure, were offered to the former holders of non-listed preference shares of ABN AMRO Holding N.V. A total of EUR 210 million was issued. The preference...
- Research articles 2007-12-21
- Fortis takes advantage of a market opportunity and strengthens solvency with non-dilutive Core Tier 1 Capital
- Fortis launched on Monday 18 February 2008 a Core* Tier-1 capital transaction ("NITSH" or "Non-Innovative Tier-1 Hybrid Securities"). The transaction is non-dilutive, in line with Fortis's announcement of 27 January 2008.
- Research articles 2008-02-21
- Fortis Board of Directors nominates KPMG as sole auditor as of 2009
- Fortis announced today that its Board of Directors will propose to the 2008 Annual General Meetings of Shareholders the appointment of KPMG as its sole auditor as of the financial year 2009. Fortis decided on 9 August 2006 to request KPMG and PwC, its two existing auditors, to submit a...
- Research articles 2008-03-06
- Features & interviews: FTM interview - Arne Lindman - Merging ambition for Asia.
- The news that a consortium comprising Royal Bank of Scotland RBS, Fortis and Banco Santander had won the battle with Barclays to take over ABN Amro marks just the end of the beginning of this long-running saga. How the victorious parties swallow and digest their respective pieces...
- Research articles 2007-11-01
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