Your Search Returned 6 tagged news reports
Brussels has ordered the sale of some ABN Amro units because the merged back would be too dominant in the Dutch market. But on Thursday finance minister Wouter Bos told MPs Deutsche Bank had broken off the negotiations to buy 15 regional ABN Amro offices...
Tags: ABN Amro Fortis, MPs Deutsche Bank, Fortis Bank Nederland, deutsche banks, Amsterdam
The European Commission Wednesday launched an in-depth probe into the Dutch government's bailout of Fortis Bank Nederland and the price the Netherlands paid to buy ABN Amro bank. The investigation focuses on whether loans the government made available...
Tags: ABN Amro, EU Commissioner, Fortis Nederland, Fortis Bank Nederland
Fortis Holding posted a loss of euro28 billion last year after selling off its banking operations, once the largest in Belgium and the Netherlands, to avoid collapsing under the weight of too much bad debt. It made a profit of euro4 billion in 2007, when...
Tags: Fortis Holding Posts, Fortis Bank Nederland, billion euro, billion loss, banking activities, Belgium, 28bn loss, fortis banking, banking operations, net loss
The Dutch half of the former Fortis NV said Thursday it swung to a loss last year, hit by a €17.7 billion ($24.07 billion) write-down related to the sale of its ABN Amro assets to the Dutch government. Fortis Bank Netherlands posted a net loss of €18.49...
Tags: ABN Amro, Fortis Bank Netherlands Swings, Fortis Bank Nederland, Dutch, Fortis NV, billion euros
The Dutch government on Friday announced a package of financial, fiscal and social measures to alleviate the negative impact of the financial crisis. Dutch Prime Minister Jan Peter Balkenende said after a cabinet meeting that the total sum represents...
Tags: Fortis Bank Nederland, ABN Amro Bank Nederland, finance ministers, Wouter Bos, ministers wouter, Radio Netherlands, stimulus package, Jan Peter Balkenende
Dutch operations, a deal put on hold by the nationalisation of Fortis's Dutch holdings...The finance ministry said no talks were being held with any party to sell Fortis's Dutch operations. Deutsche Bank did not immediately comment, and ABN declined to...
Tags: Fortis Bank Nederland