Tag Archives: oversight
Fortis sells hedge fund International Asset Management
Reuters – Belgian-Dutch financial services group Fortis said on Wednesday it had sold former ABN AMRO unit International Asset Management IAM.L as part of a strategy to bolster its balance sheet. Fortis said in a statement it had sold London-based […]
Fortis sells International Asset Management; to boost bank
CNBC- Fortis NV. said it has sold its London-based hedge fund manager International Asset Management (IAM) to its management team, supported by third party investors, for an undisclosed sum. The Belgian-Dutch bancassurer said the transaction will boost its solvency ratios, […]