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Fortis

Fortis shareholders flag legal action

About 7,000 shareholders of troubled bank Fortis NV indicated Monday they will take legal action against the company's management, claiming they were cheated by a government bailout plan that carved up the company and left them...

Banks: Britain Drives A Hard bargain as Fed Opens Spigot

France, Germany, Spain, the Netherlands and Austria committed 1.3 trillion euros ( & #36;US1.8 trillion) to guarantee bank loans and take stakes in lenders, racing to prevent the collapse of the financial system.The...

Dow soars 11% after global aid to banks

Last week's stock sell-off gave way to a big rally on Monday, with the Dow Jones industrial average closing up more than 900 points as countries around the world took steps to ease the financial crisis.

Europe stuns with €1.5bn bank rescue as France plays role of saviour

Germany France Italy Spain Holland and Austria have joined forces to launch the greatest bank bailout in history offering over €1.5 trillion in guarantees and fresh capital in a "shock and awe" blitz to halt the credit panic.

BRIEF-Fortis gives information over new structure

BRUSSELS, Oct 14 (Reuters) - Fortis NV : * Gives information on the new structure of Fortis SA/NV and Fortis N.V. * Says Fortis Insurance International had a total equity of 1.6 bln euros at June 30. * Says Fortis Insurance...

Dutch step in with €200bn guarantee

11 hrs ago

By Michael Steen in Amsterdam The Dutch government on Monday said it was guaranteeing interbank lending up to €200bn ($268bn, £160bn) as part of a plan by the eurozone economies to support the banking sector. The government...

Digger: Top clubs sweat on bank debts

Two of England's Champions League clubs will be sweating over the implications of the "nationalisation" of high street banks yesterday, but others have even more to fear over their relationships with lenders. Arsenal and...

Sustainability reporting leaders including Danone, Vodafone, Coca-Cola and Novo Nordisk discuss...

Over 25 leading corporate sustainability reporters will share their best practice at the corporate responsibility reporting and communications summit on 25 – 26 November in London. London, October 13th 2008 In the current...

Research and Markets: South Korea Insurance Report Q3 2008 - Available Now

Dublin - Research and Markets (http://www.researchandmarkets.com/research/a20565/south_korea_insura) has announced the addition of the "South Korea Insurance Report Q3 2008" report to their offering. South Korea Insurance...

Overseas Shipholding Group Announces New $500 Million Credit Facility for FSO Project (Business...

NEW YORK----Overseas Shipholding Group, Inc. , a market leader providing global energy transportation services, together with Euronav NV announced today a $500 million senior secured term loan to finance the acquisition of TI...

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