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India Press Release (Free subscription) | 08/19/2008
/India PRwire/ - As a part of their aggressive 100-branch plan, IDBI Fortis opened their branch in Delhi Today. The branch is located at Pitampura, one of the fastest growing commercial centers in Delhi. The company launched operations in March this year, leading with their innovative concept ‘Wealthsurance’. IDBI Fortis Life Insurance is a recently launched joint-venture of IDBI, India’s premier...
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Financial Time (Free subscription) | yesterday
Up to three more alternative European equities platforms are in the pipeline in addition to the previously announced ventures such as Turquoise, BATS Trading and Equiduct, according to Fortis, the Belgo-Dutch bank
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The hermeneutic of continuity (Free subscription) | 08/18/2008
As it is holiday time, I will do a meme for which I have been tagged by Mulier Fortis "If you should pass from our presence, what picture of you shall we use for your saint's card, should you be so elevated, and of what do you want to be patron?" Well the santino would have to have this photo of me sitting in the Buckingham Arms and reading the Remnant : And I would like to be the patron saint of visiting...
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The Telegraph (Free subscription) | 08/18/2008
The £55bn top-of-the-market takeover of Dutch bank ABN Amro continued to weigh on financial group Fortis as angry investors called for reforms and control over rewards for directors.
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Market Watch (Free subscription) | 08/12/2008
LONDON (MarketWatch) -- Banco Santander SA (STD), Royal Bank of Scotland Group PLC (RBS) and Dutch-Belgian financial services company Fortis NV (30086.AE) have agreed to sell the vast majority of ABN Amro's private equity business to a consortium led by Goldman Sachs (GS), a person familiar with the situation said Tuesday.
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Mulier Fortis (Free subscription) | 08/10/2008
I mentioned before that Damian Thompson was sitting next to me at the High Mass I attended at Merton College, Oxford. I spoke to him briefly to say how much I enjoyed reading his blog, but forbore to mention that I had a blog of my own: I'm extremely small fry in comparison with the Editor-in-Chief of the Catholic Herald and author of Holy Smoke , one of the Daily Telegraph 's blogs. I have, however,...
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DealBook (Free subscription) | 08/08/2008
Fortis, the Belgian-Dutch financial services company, on Thursday said it expected to receive Chinese approval for the sale of half its asset management business to Ping An Insurance later this year, rebutting speculation about a delay. Fortisp agreed to the 2.15 billion euro deal with the Chinese insurer last April as part of efforts to bolster [...]
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Market Wire - Energy and Utilities (Free subscription) | 08/08/2008
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR (MARKET WIRE) Fortis Inc. ("Fortis" or the "Corporation") (TSX: FTS) recorded second quarter net earnings applicable to common shares of $29 million, or $0.19 per common share, compared to earnings of $41 million, or $0.31 per common share, for the second quarter of 2007. Year-to-date earnings applicable to common shares were $120 million, or $0.77 per common share,...
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Market Watch (Free subscription) | 08/08/2008
LONDON (MarketWatch) -- Fortis has sold its entire 4.1 million share stake in Assurant , a spokeswoman said. Fortis sold the remaining shares to institutional investors, and it received $58.90 per share for the stock being sold, the spokeswoman said. Assurant, a provider of insurance services, said late Thursday that it had bought 1 million of its shares back from Fortis for $59 each. Market Pulse...
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Business Times Asiaone (Free subscription) | 08/07/2008
(AMSTERDAM) Fortis, the Belgian-Dutch financial group which is trying to boost its solvency, said that Chinese authorities had delayed approval of the sale of half of its asset management arm to China's Ping An Insurance .
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PR News Wire (Free subscription) | 08/07/2008
NEW YORK, Aug. 7 /PRNewswire-FirstCall/ -- Assurant, Inc. ("Assurant")
(NYSE: ), a premier provider of specialized insurance and
insurance-related products and services, today announced that it has
purchased 1 million of its common shares from Fortis Insurance N.V. at a
price, including transaction fees, of $59.00 per share for a total of $59.0
million. The $59.00 per share price compares to the Company's...