Fortis

Fortis scouting for more 'collateral damage' assets

Daily News Analysis (Free subscription) | 04/08/2009

Way back in 2005, India's second largest hospital chain, Fortis Healthcare Ltd set a record of sorts when it gobbled up Escorts Heart Institute.

Fortis Healthcare opens hospital in Bangalore

Hindu (Free subscription) | 04/07/2009

UPDATE 1-Lawyer wants Fortis AGM to vote on non-BNP option

Reuters UK (Free subscription) | 04/07/2009

* Lawyer seeks to get vote on "stand-alone" Fortis option

European clearers slash prices

Financial Times (Free subscription) | 04/07/2009

The price war in the clearing and settlement of European share dealing intensified on Tuesday after a Nasdaq OMX-owned clearer and Fortis slashed their fees by 40%

Fortis Asia is ‘not for sale’, CEO says

Insurance Daily (Free subscription) | 04/07/2009

Fortis’s Asian insurance unit is not for sale, the company has said yesterday. Stuart Frasier, CEO of troubled Belgo-Dutch insurance group Fortis, said the company has no plans to sell its Asian unit, and has not discussed a sale with any party. “There has been media speculation that Fortis Insurance Company Asia is for sale,” Frasier said. “This [...]

Fortis UK reports doubling of profit

Insurance Daily (Free subscription) | 04/06/2009

Fortis Insurance UK has reported a doubling of profits in 2008, and has pledged to create at least 150 new jobs this year. Non-life profit before tax increased to £76 million in 2008, compared to £30 million the previous year. The increase came despite a small drop in non-life gross written premiums, down to £758 million compared [...]

Heath Lambert and Fortis sign up on Post Office SME launch

Insurance Daily (Free subscription) | 04/06/2009

Heath Lambert Group and Fortis Insurance UK have secured a five-year commercial SME agreement with Post Office Financial Services (POFS). The companies claim the move creates the “largest SME affinity deal for commercial insurance in the UK”. POFS will be launching products for the SME market later this year and its relationship with Fortis is well established [...]

Kenya believe it?

Champions (Free subscription) | 04/05/2009

Last Updated: April 5 - 02:09 PM Kenyans Duncan Kibet and James Kwambai shared the same time of two hours four minutes and 27 seconds after a thrilling finish to the Fortis Rotterdam Marathon. ...

Li approached about buyback of Fortis Asia insurer

Financial24 (Free subscription) | 04/04/2009

HONG KONG, April 4 - Hong Kong tycoon Richard Li's holding company has been approached by third parties for the possible buyback of an insurance firm he sold to Belgian-Dutch financial group Fortis

ABN Amro 'keeping security simple' during acquisition

The Industry Standard (Free subscription) | 04/03/2009

ABN Amro is keeping its security function "simple and efficient" as acquirers the Royal Bank of Scotland , Santander and Fortis take over. The bank, which was bought by the consortium, led by RBS, for £48 billion in 2007, has been working on a mammoth IT integration project to bring together the systems of the different companies. Tom Roelofs, manager of incident response and prevention...

• ABN Amro 'keeping security simple' as RBS-led acquirers take over - Computerworld UK

Bilderberg-chairman: ‘Bilderberg helped create the Euro’

The Cult of the Dead Fish (Free subscription) | 04/02/2009

According to Belgian viscount and current Bilderberg-chairman Étienne Davignon (and Fortis NV bank President), the Euro was helped created by the Bilderberg Group in the 1990’s. He admitted this in an interview to the EUobserver online newspaper on March 16 2009. While talking about his expectations of the EU-summit on March 19 and the G20-meeting in London two weeks later, he comments:...

Fortis eyes stake in Wockhardt Hospital

Times of India (Free subscription) | 04/02/2009

Fortis Healthcare, promoted by Malvinder and Shivinder Singh is eyeing a 26-48% stake in Wockhardt Hospitals owned by the Khorakiwala family.

Fortis puts back vote on takeover by BNP

euronews24 (Free subscription) | 04/02/2009

BRUSSELS - Fortis Holding on Wednesday put back to April 28 and 29 a shareholders' vote on a new deal to sell off its Belgian banking operations to France's BNP Paribas. The latest version of the takeover plan was supposed to be put to a vote on Ap ...

FORTIS: Fortis holding changes agendas of General Meetings of Shareholders on 8 and 9 April, and on 28 and 29 April 2009

Market Wire (Free subscription) | 04/01/2009

BRUSSEL, BELGIUM (MARKET WIRE)

Ex-Fortis boss awarded £5.8m for failure

Insurance Daily (Free subscription) | 04/01/2009

Failed Belgian bank Fortis has paid its sacked chief executive Jean-Paul Votron €6.3m (£5.8m), according to reports in the Belgian media. The sum is comprised of €2.5m for the takeover of ABN Amro in 2007, a €1.3m ‘golden handshake’, and €1.9m for ensuring the Fortis share price increased during his four years in charge. The payment has [...]