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Fortis Investments says no change despite bailout

The need by Fortis Group to sell assets acquired from ABN Amro last year will not include asset management.
Employees of the former ABN Amro Asset Management can breathe easy: their business is not about to be sold yet again.The same doesnÆt hold true for ABN AmroÆs global private bank or its retail bank in Europe. Fortis Group, having acquired all of these businesses last year when ABN Amro was carved up (between Fortis, Bank Santander and RBS), must now sell these in the wake of a bailout of Fortis BankÆs operations in the Benelux countries.Fortis became the next financial group to succum…
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