Fortis Bank Swift BIC Kodu
Pi TASARIM VE ORGANiZASYON (Free subscription) | 11/26/2009
Fortis Bank Swift BIC Kodu DISTRIS
Fortis Bank
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QInvest and Fortis Bank to go hand in hand tolaunch first Islamic shipping fund
Maritime News (Free subscription) | 11/13/2009
QInvest and The Netherlands’ Fortis Bank yesterday announced that they had agreed to the first Shariah-compliant ship financing fund. They also said they were seeking Gulf investors for the sector-specific $200mn fund which will provide a global first of its kind “unique mezzanine debt finance” to the shipping industry, The Qatar Financial Centre-based QInvest and ...
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Fortis Bank and QInvest ink Sharia fund agreement
lloydslist.com (Free subscription) | 11/11/2009
New $100m designed for conventional and Islamic investors.
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Manulife to Buy Stake in ABN Amro TEDA
The Wall Street Journal (Free subscription) | 11/24/2009
Manulife FinancialCorp. has signed an agreement to purchase Fortis Bank's 49% ownership in ABN AMRO TEDA Fund Management Co. for the equivalent of $156 million.
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Manulife Asset buys out Fortis stake in China fund
Market Watch (Free subscription) | 11/24/2009
HONG KONG (MarketWatch) -- Manulife Asset Management Hong Kong Ltd. said Tuesday it has signed an agreement to buy Fortis Bank SA's stake in a fund for 105 million euros ($157 million) to gain a "fast-track entry" into the Chinese asset-management industry. Manulife said the cash deal for Fortis' 49% stake in ABN Amro Teda Fund Management Co. will be earnings accretive in the first...
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Deutsche Strikes ABN Deal As Ex-CEO Feels The Handcuffs
DealBreaker (Free subscription) | 11/19/2009
... million in financial guarantees. ABN Amro, which the Dutch government plans to merge with Fortis Bank, gets stuck with potential credit losses of €1.6 billion. The deal--which Dutch finance minister Wouter Bos says is a foregone conclusion, despite the need for parliamentary approval--is expected to close next year. And while Deutsche Bank apparently didn't need any help to make it...
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European Economic Confidence Climbs to Highest Level Since Lehman Collapse
Bloomberg (Free subscription) | 11/27/2009
... evidence that the euro- region economy has embarked on a ,” said , chief European economist at Fortis Bank Nederland NV in Amsterdam. “The indicator still has some catching up to do even with the recovery likely to remain moderate.” The euro was little changed against the dollar after the report, trading at $1.4919 at 10:38 a.m. in London, down 0.7 percent on the day. The yield on the German...
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UK economy contraction slows as consumer spending picks up
Indian Express (Free subscription) | 11/25/2009
... the economy will accelerate pretty sharply,” said Nick Kounis, chief European economist at Fortis Bank Nederland NV in Amsterdam and a former UK Treasury official. “In third quarter the UK was one of the sick men of Europe but it’s going to step up a few gears and will be one of the stronger performers in Europe next year.” The pound erased gains against the dollar and was trading at $1.6702...
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Van Rompuy set to be consensus-driven president
The Irish Times (Free subscription) | 11/20/2009
... as prime minister following political interference in court proceedings over the bailout of Fortis bank.The king asked Van Rompuy to form a government from the embers of Leterme’s administration and he duly obliged, becoming Belgium’s third premier in a year.That he would keep Leterme’s five-party coalition intact was part of the deal – it had taken the parties nine months to come together...
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altnews.asia: Agreement to Purchase Stake in ABN AMRO TEDA Creates New Manulife Fund Management Joint Venture in China
altnews.com.au/drop aggregator (Free subscription) | 11/24/2009
/Not for distribution in the US/TSX/NYSE/PSE:MFC SEHK:945HONG 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 Bank SA/NV (Note 1) (Fortis) to purchase its 49 per cent ownership in ABN AMRO TEDA Fund Management Co., Ltd. (AATEDA) for cash purchase consideration...
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52-Week High Club (AMD, ASMI, ALV, CHS, GGWPQ, LFT, DE)
24/7 Wall St. (Free subscription) | 11/18/2009
... rose over 5% to a yearly high of $24.69 after the semiconductor equipment maker was upgraded by Fortis Bank Nederland NV. Autoliv Inc. (NYSE: ALV) rose over 3% to a yearly high of $41.84 after the airbag manufacturer said that production is holding up well in the fourth quarter. Chico’s FAS Inc. (NYSE: CHS) rose over 14% to a yearly high of $15.43 after the women’s clothes retailer announced...
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Islamic financing fund established for shipping industry
The Earth Times Online Newspaper (Free subscription) | 11/11/2009
Doha - The Qatari investment bank QInvest and Fortis Bank Nederland announced Wednesday they had each committed 50 million dollars to the first ship financing fund to operate under Islamic principles. QInvest CEO Shahzad Shahbaz said he believed the ...
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Islamic financing fund established for shipping industry
EuropeNews (Free subscription) | 11/11/2009
Doha - The Qatari investment bank QInvest and Fortis Bank Nederland announced Wednesday they had each committed 50 million dollars to the first ship financing fund to operate under Islamic
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Outlook good for low mortgage rates in France
Athena Mortgages (Free subscription) | 11/11/2009
With the reaction on the FTSE today to Mervyn King’s announcement that mortgages rates look certain to stay low in the UK despite a coming spike in inflation, the outlook for low mortgage rates in France. Fortis bank announced today that it was selling bonds covered by ECB collateral bring liquidity to the market again. Two other major French banks also announced that they were also using...
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Fortis Buy Boosts BNP Paribas
The Wall Street Journal (Free subscription) | 11/05/2009
BNP Paribas's third-quarter net profit rose 45%, helped by the acquisition of Fortis Bank Belgium and the strong performance of its corporate and investment bank.