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Fortis



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VIEW-Fortis betting on risky assets in 2009

BRUSSELS (Reuters) - Fortis is betting on risky assets in 2009 recommending equities for the short-term and corporate bonds longer-term, said William De Vijlder, global chief investment officer at the financial group.

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World news: Fortis board gets booed by angry shareholders

UTRECHT, Netherlands – Shareholders of Fortis NV, the Belgian-Dutch lender which saw most of its operations sold or nationalized last month due to the credit crunch, booed members of the board at a meeting Monday and vented their anger over se

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Fortis directors get an earful

Shareholders of Fortis NV, the Belgian-Dutch lender that saw most of its operations sold or nationalized last month due to the credit crunch, booed members of the board at a meeting yesterday and vented their anger over seeing their investments in the company decimated.

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Fortis shareholders give board of directors an earful

Filed under: Scandals In 2007, Fortis was the 20th largest business in the world by revenue but a risky and overly leveraged acquisition of ABN Amro led to the bank's demise and government-led selloff that left shareholders all but wiped out. It's too late to do anything about the massive losses, but some angry shareholders did show up at the company's board meeting in the Netherlands to give...

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UPDATE 2-Fortis CEO wins backing from shareholders

BRUSSELS/UTRECHT, Dec 1 (Reuters) - Fortis shareholders on Monday voted against two new board members but backed the appointment of its new chief executive Karel de Boeck.

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Belgian court casts doubt on Fortis coupon -paper

BRUSSELS, Dec 2 (Reuters) - Belgium's top administrative court has cast doubt on the legality of the Belgian government's planned coupon for shareholders of troubled financial group Fortis , business daily De Tijd said on Tuesday.

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FORTIS: Resolutions of the General Meeting of Shareholders of Fortis N.V. held on 1 December 2008

SOURCE: FORTISDec 01, 2008 13:50 ETResolutions of the General Meeting of Shareholders of Fortis N.V. held on 1 December 2008BRUSSEL, BELGIUM--(Marketwire - December 1, 2008) - The General Meeting of Shareholders of Fortis N.V. has approved of the proposed appointments of Messrs. Etienne Davignon, Louis Cheung Chi Yan and Karel De Boeck to the Board of Directors of Fortis....

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Belgium cools Ping An hope for Fortis compensation

BRUSSELS, Dec 1 (Reuters) - Chinese insurer Ping An should not count on any compensation from Belgium over its losses following the state-led carve-up of financial group Fortis, according to the Belgian government.

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Fortis Faces Extinction

It was the first time in months that shareholders were allowed to cast a vote on the final chapter of the Fortis (other-otc: - - ) saga--or its new beginning, if the story has a future. Regardless of who ends up on the board, investors seemed to have given up on Fortis wholesale: with BNP Paribas (other-otc: - - ) set to acquire the company's Belgian assets, and with the Dutch government...

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Resolutions of the General Meeting of Shareholders of Fortis N.V. held on 1 December 2008

The General Meeting of Shareholders of Fortis N.V. has approved of the proposed appointments of Messrs. Etienne Davignon, Louis Cheung Chi Yan and Karel De Boeck to the.. - Read more

+Vote!

Fortis shareholders give board of directors an earful

Filed under: Scandals In 2007, Fortis was the 20th largest business in the world by revenue but a risky and overly leveraged acquisition of ABN Amro led to the bank's demise and government-led selloff that left shareholders all but wiped out. It's too late to do anything about the massive losses, but some angry shareholders did show up at the company's board meeting in the Netherlands to give...

+Vote!

Fortis board gets booed by angry shareholders

Shareholders of Fortis NV, the Belgian-Dutch lender which saw most of its operations sold or nationalized last month due to the credit crunch, booed members of the board at a meeting Monday and vented their anger over seeing their investments in the company decimated.

+Vote!

Fortis investor groups propose alternative board

AMSTERDAM, Nov 28 (Reuters) - Dutch and Belgian shareholder groups proposed on Friday an alternative list of nominees to the Fortis board of management ahead of shareholder meetings next week to vote on a change of company management.

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Ping An seeks China govt help over losses in Fortis

BEIJING (Reuters) - Chinese insurer Ping An is asking the Chinese government to help seek compensation from Belgium over its losses in European financial group Fortis after the group was nationalised, a government source said on Friday.