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Fortis

Fortis 26/07/2010

08:11 : UPDATE 1-Ageas sells Turkish insurance to BNP Paribas - BRUSSELS, July 26 (Reuters) - Ageas , formerly known as Fortis, has agreed to sell its Turkish insurance business to BNP Paribas , a further step in the Belgium-based group's streamlining of its operations.
Source : reuters-com

Fortis 03/07/2010

04:15 : Fortis UK spends £215m on Kwik Fit Insurance - KWIK Fit Insurance, part of the Kwik Fit Group founded by Scots entrepreneur Sir Tom Farmer, has been sold by its French owner to Fortis UK for £215 million.
Source : scotsman-com

Fortis 01/07/2010

08:21 : Fortis in $3.1bn bid for Parkway - India’s Fortis Healthcare offers to acquire Asia’s largest regional hospital chain, trumping a previous bid by Malaysia’s state investment company for Singapore-listed Parkway
Source : ft-com
05:35 : India's Fortis makes $3.1 bln offer for Parkway - SINGAPORE, July 1 (Reuters) - India's Fortis Healthcare unveiled a general offer to buy shares in Singapore hospital operator Parkway Holdings for S$3.80 a share.
Source : reuters-com

Fortis 17/06/2010

06:47 : Fortis erred in communication before collapse-report - AMSTERDAM, June 17 (Reuters) - Belgian-Dutch financial group Fortis, which was carved up October 2008 after losing the confidence of clients and investors, made mistakes in communicating with the public, a probe concluded on Wednesday.
Source : reuters-com

Fortis 15/06/2010

09:05 : FACTBOX-Parkway owns top S'pore hospitals, has pan-Asia presence - June 15 (Reuters) - Singapore's Parkway Holdings , which operates 16 hospitals across Asia, is at the centre of a tussle for control by India's Fortis Healthcare and Malaysian state investor Khazanah, its two largest shareholders.
Source : reuters-com

Fortis 29/04/2010

17:02 : Fortis becomes Ageas with support of shareholders - AGO Fortis today received overwhelming support from its shareholders for its proposed name change to Ageas. The new name has been approved at 97.14% in Brussels and 99.63 % in Utrecht. The new name will be introduced gradually in the coming ...

Fortis 31/03/2010

16:33 : Fortis Annual Report 2009 - General Meetings of Shareholders on 28 and ... - Fortis is publishing its Annual Report 2009 today. The "Annual Review 2009" and the "Financial Statements 2009" are available onwww.fortis.com . In response to the company's concerns about the environment and the protection of nature and ...

Fortis 10/03/2010

14:56 : Fortis fined €576,000 by Dutch regulator - Belgian insurance group reveals it has been fined €576,000 by the Dutch financial regulator for market manipulation and late publication of market sensitive information in 2008
Source : ft-com
13:53 : Fortis returns to profit in 2009 - Belgium-based insurance group Fortis returned to profit in 2009, the year after its dramatic break-up, and announced it would be changing its name to Ageas.
Source : irishtimes-com

Fortis 27/02/2010

01:13 : BNP Paribas to wind down Postbank - DUBLIN (Reuters) - Postbank, a joint venture between Ireland's post office and Belgian bank BNP Paribas Fortis, will wind down its business by the end of 2010, in a move which the government said was part of the natural ...
Source : reuters-com

Fortis 17/02/2010

09:37 : BNP Posts Fourth Straight Quarterly Profit on Fortis (Update1) - BNP Paribas SA, France’s largest bank, recorded its fourth straight quarterly profit, helped by the purchase of Fortis and lower provisions for bad loans.
Source : businessweek-com
08:47 : Lower charges lift BNP Paribas - France’s biggest listed bank records higher fourth-quarter profits thanks to lower-than-expected charge for bad debts, higher earnings at its investment bank and the acquired Fortis assets
Source : ft-com

Fortis 12/02/2010

16:46 : PREVIEW-BNP profit to benefit from Fortis, investment banking - PARIS, Feb 12 (Reuters) - BNP Paribas , France's biggest bank by market capitalisation, is expected to return to profit in the fourth quarter from a loss a year earlier, with earnings driven by its investment banking and Fortis ...
Source : reuters-com

Fortis 01/02/2010

12:25 : Fortis sells Artemis stake to AMG and Artemis's senior team - US-listed investment firm Affiliated Managers Group (AMG) and Artemis's management team, have bought out 100% of Fortis Bank's stake in investment boutique Artemis.
Source : citywire-co-uk

Fortis 11/01/2010

19:38 : Fortis Inc. Announces First Quarter Dividends-2010 - ST. JOHN'S, NEWFOUNDLAND AND LABRADOR -- (Marketwire) -- 01/11/10 -- Increases Quarterly Common Share Dividend by 7.7 Per Cent Marks 37 Consecutive Years of Annual Common Share Dividend Payment Increases The Board of ...

Fortis 06/01/2010

12:08 : Fortis shareholders to focus on compensation - BRUSSELS, Jan 6 (Reuters) - Shareholders in Fortis will halt their efforts to freeze the break-up of the financial group and will focus on seeking compensation from BNP Paribas and the Dutch state, their lawyer said on ...
Source : reuters-com

Fortis 11/12/2009

14:11 : Fortis shareholders to seek compensation - BRUSSELS, Dec 11 (Reuters) - Investor activist group Deminor said it will ask a Belgian court to award damages to some 4,000 Fortis investors for losses they suffered in last year's carve-up of the distressed financial group.
Source : reuters-com

Fortis 08/12/2009

15:02 : FTSE 100 falls back on global worries - Leading shares have gone sharply into reverse, as a number of worries rear their heads to spook investors.In Dubai, there are reports of a hefty loss at the troubled Nakheel, not to mention a downgrade on six Dubai-linked businesses by ratings ...
Source : guardian-co-uk
08:09 : Dockwise's allocation of capital raise to debt reduction - BREDA, THE NETHERLANDS -- (Marketwire) -- 12/08/09 -- Dockwise Ltd. today announces receipt of confirmation from Fortis UK, in its capacity as the Agent of Dockwise Ltd.'s credit facilities, that an agreement has been reached ...

Fortis 01/12/2009

08:34 : UPDATE 1-BNP sees 900 mln euros savings at BNP Fortis - PARIS, Dec 1 (Reuters) - The integration of BNP Paribas Fortis, the largely Belgian arm of French bank BNP Paribas , will lead to annual savings of 900 million euros ($1.35 billion) by 2012, BNP said.
Source : reuters-com

Fortis 24/11/2009

05:00 : Agreement to Purchase Stake in ABN AMRO TEDA Creates New Manulife Fund ... - /Not for distribution in the US/ TSX/NYSE/PSE:MFC SEHK:945 HONG KONG, Nov. 24 /PRNewswire-Asia/ -- Manulife Asset Management (Hong Kong) Ltd. (MAMHK), a subsidiary of Manulife International Holdings Limited, today has signed an agreement with Fortis ...

Fortis 19/11/2009

23:08 : ABN Amro and Fortis set for €4.4bn bail-out - The Dutch state plans to provide the two nationalised banks with further capital to keep their merger on track in what it says will be the groups' final bail-out
Source : ft-com

Fortis 17/11/2009

08:45 : Fortis records €196m profit - Belgian insurance group Fortis reported third-quarter net profits in all divisions today, and said it expected 2009 inflows to at least match last year's levels.
Source : irishtimes-com
08:02 : Fortis performs well as inflows rise - Belgian insurance group Fortis, broken apart after becoming one of Europe's largest victims of the financial crisis, reported third-quarter net profits in all divisions and said it expected 2009 inflows to at least match last year's levels
Source : ft-com

Fortis 16/11/2009

10:55 : Williams de Broë targets £10bn after appointing new wealth boss - Evolution Group has appointed Fortis private banker Phillip Howell to head up its wealth management arm, Williams de Broë, and aims to double assets under management to £10 billion by 2012.
Source : citywire-co-uk

Fortis 05/11/2009

11:35 : Fortis boosts BNP Paribas results - BNP Paribas revealed higher-than-forecast third-quarter profits on increased earnings from its investment banking division and the acquisition of Fortis
Source : ft-com

Fortis 28/10/2009

17:41 : Fortis to discontinue Russia insurance activities - BRUSSELS, Oct 28 (Reuters) - Belgian-based insurance group Fortis said on Wednesday it would discontinue its insurance activities in Russia, in line with its strategy of shedding fringe businesses.
Source : reuters-com
08:36 : Tesco Bank creates 1,000 new jobs, while Best Buy announces 8,000 new ... - Tesco Bank has announced today it is to create 1,000 new jobs in Newcastle next year. The news follows Tesco Bank's insurance partnership with Fortis UK, with the joint venture forming a new motor and household insurance ...

Fortis 26/10/2009

19:28 : US hedge fund firm Cadogan inks spinoff from Fortis - BOSTON, Oct 26 (Reuters) - Hedge fund group Cadogan Management LLC has signed a deal to spin off from Fortis Bank, taking a step that investors expect will attract new assets because it eases uncertainty about the firm's ...
Source : reuters-com


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