Fortis
Company and Financial Services Company
Van Rompuy I Government...on 22 December 2008. On 18 December 2008, Yves Leterme offered his government's resignation to King Albert after a scandal erupted surrounding the investigation of the sale of the failing Fortis bank to BNP Paribas. Leterme, Jo Vandeurzen,... In this article: Herman Van Rompuy, Yves Leterme, and Christian Democrat |
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FT.com - Companies | September 26, 2008
Fortis denies facing liquidity crisis
...like that. " Belgian finance minister Didier Reynders called for calm around Fortis, one of the country's three biggest banks, after a cabinet meeting on Friday and urged market participants not to spread rumours. "We guarantee no...
In this article: Liquidity crisis, Rabobank, Didier Reynders, Ping An Insurance, ABN AMRO, Brussels, BNP Paribas, and Europe
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Telegraph.co.uk - International news | December 19, 2008
Belgian prime minister resigns
...the year 2009." Belgium's government is locked in a complex legal battle with minority shareholders of the banking and insurance group Fortis over the sale of its Belgian assets to French bank BNP Paribas. Leterme's office stands...
In this article: Yves Leterme, Jo Vandeurzen, Christian Democrat, Belgian Federal Parliament, Malaise, Didier Reynders, and BNP Paribas
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Reuters | January 20, 2009
Belgium mulling second bank bailout round-Reynders
...of September and into October. Belgium was involved in an 11.2 billion euro bailout for Fortis <FOR.BR><FOR.AS> with the Netherlands and Belgium before Fortis was carved up and partly sold to BNP Paribas. Dexia <DEXI.BR><DEXI.PA> received...
In this article: Belgium, Didier Reynders, L'Echo, De Tijd, BNP Paribas, and Dexia
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FT.com - Companies | October 27, 2008
Belgium injects EUR3.5bn into KBC
...an intervention. " Both KBC and Mr Reynders rejected comparisons with the bail-outs of Fortis and Dexia over the past month, saying the measure was a "preventative one" to bolster KBC's already strong balance sheet. The deal very closely...
In this article: Aegon, Didier Reynders, ING, Belgium, Balance sheet, Washington Mutual, Lehman Brothers, Dexia, and AIG
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boston.com - Latest world news | February 10, 2009
Fortis shareholders likely to reject rescue plan
...in recent weeks. Belgian Finance Minister Didier Reynders also told De Tijd daily on Tuesday that shareholders are in the last-chance saloon and a rejection of the government plan could lead to Fortis' collapse. Shareholders...
In this article: BNP Paribas, Ping An, E-mail, Derivative, Corporate governance, Didier Reynders, Netherlands, and Belgium
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AFP Finance News | February 15, 2009
Belgium, BNP Paribas to meet Monday on Fortis
...16, 2009, 12:45 am BRUSSELS (AFP) - The Belgian government will meet Monday with executives of BNP Paribas to try to find a way forward for troubled Belgian bank Fortis, Finance Minister Didier Reynders said Sunday. "We will meet them...
In this article: BNP Paribas, Didier Reynders, Brussels, Belgium, Herman Van Rompuy, and Netherlands
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Reuters | February 11, 2009
Fortis investors reject break-up, BNP deal in doubt
...and a stake in the Belgian insurance operations from Fortis. The Belgian government, which collapsed over the Fortis debacle in December, has been desperate to close the deals. Finance Minister Didier Reynders told Belgian news agency...
In this article: Fortis Bank, BNP Paribas, Brussels, Didier Reynders, Ping An, and ABN AMRO
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AFP Finance News | December 13, 2008
Fortis bank, saved from collapse, again on shaky ground
...court's decision, Leterme indicated after the talks. "Our goal remains first of all to protect the interests of Fortis's clients and savers as well as the employees," said Reynders. "The deal with BNP Paribas is the best," he said. "The...
In this article: BNP Paribas, Plaintiff, Didier Reynders, ABN AMRO, Yves Leterme, Netherlands, Belgium, and Revenue
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Reuters | January 29, 2009
UPDATE 2-Fortis carve-up revised after shareholder anger
...in Fortis shares was likely to be suspended on Friday. Fortis's break-up early in October followed an 11.2 billion euro cash injection a week earlier that failed to calm nerves. Fortis investors saw their shares drop to below 1 euros,...
In this article: BNP Paribas, Didier Reynders, Herman Van Rompuy, Brussels, Belgium, and ABN AMRO
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Description from Wikipedia:
Fortis (Euronext: FORA, Euronext: FORB, ) is a banking, insurance, and investment management company, and is the 20th largest business in the world by revenue. The Benelux countries are Fortis' home base and its strength. Fortis' banking operations include network (retail), commercial, and merchant banking; its insurance products include life, health, and property/casualty lines. Products are sold through independent agents and brokers, financial planners, and through Fortis Bank branches. It is listed on the Euronext Brussels, Euronext Amsterdam, and Luxembourg stock exchanges.
- Name:
- Fortis SA/NV (B) / Fortis N.V. (NL)
- Type:
- Public (Euronext: FORA, Euronext: FORB, )
- Region:
- Brussels, Belgium and Utrecht, the Netherlands
- Founded:
- 1990
- Industry:
- Financial services
- Key People:
- Filip Dierckx (CEO since 27 September 2008)
- Products:
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- Insurance
- Investment bank
- Commercial bank
- Revenue:
- €120.5 billion (2007)
- Net Income:
- €4.074 billion (2007)
- No. of Employees:
- 56,866 (2006)
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