BNP Paribas Fortis

43 results about this entity

Period: 27 Sep 2004 - 21 Feb 2024

Nasdaq OMX buys stake in EMCF

Transatlantic exchange Nasdaq OMX is acquiring a 22% equity stake in European Multilateral Clearing Facility (EMCF), the Fortis Bank subsidiary that was taken over by the Dutch government.

Fortis' clearing subsidiary EMCF passes into state control

Ownership of EMCF, the Fortis Bank subsidiary that provides clearing services to Instinet Chi-X and Nasdaq OMX, has been passed to the Dutch government as part of a EUR16.8 billion rescue package.

EuroCCP moves to take advantage of Fortis woes; offers clearing for MTFs

European Central Counterparty Limited (EuroCCP), the European subsidiary of The Depository Trust & Clearing Corporation (DTCC) says it is ready to step into the breach and provide clearing services for European MTFs such as Chi-X, Nasdaq OMX, Bats and other new execution venues served by troubled Belgian bank Fortis.

More upstart exchanges set to enter crowded post-MiFID market

Up to three new alternative equity trading systems are gearing up to launch in the European market, in addition to ventures such as Chi-X, Turquoise and Equiduct, according to a Financial Times report.

Bats chooses Fortis for European clearing

US ECN operator Bats Trading has recruited Dutch-Belgian banking group Fortis to provide clearing services for its new European trading facility, which is slated for launch in September.

Banks, trading firms take minority stake in Chi-X

A group of 13 banks and trading firms has taken a minority equity stake in Instinet's MiFID-compliant alternative trading facility, Chi-X Europe.

SunGard to take on Swift Member Concentrator role

SunGard has expanded its Swift Service Bureau offering, STN for Swift, by offering corporates simpler access to the payments network under the Member Concentrator model.

Fortis and Irish Post Office launch community banking JV

Postbank, a community banking service set up by Dutch-Belgian banking group Fortis and the Irish Post Office, has been introduced at 250 post offices and will be extended to 1000 locations across Ireland by the end of the year.

Fortis launches 'MySpace' for entrepreneurs

Belgian financial services group Fortis has launched a MySpace-style social network for European entrepreneurs.

Euronext takes majority share in SecFinex

Euronext is to acquire a 51% stake in European securities lending platform SecFinex.

Fortis UK buys majority stake in Text2Insure

Benelux-based Fortis Bank says its UK insurance subsidiary has acquired a majority shareholding in Text2Insure, a British firm that provides a mobile service that enables customers to receive quotes and buy policies using SMS text messages.

Fortis recruits Temenos to build European retail banking platform

Dutch-Belgian banking group Fortis has contracted with Swiss vendor Temenos for the development and implementation of a cross-border IT platform to support its retail banking operations in Europe.

Atos Origin to buy Belgian payment networks Banksys and Bank Card Company

French IT services firm Atos Origin has signed an agreement to acquire Belgian bank-owned card payment proccessing networks Banksys and Bank Card Company (BCC). Terms of the deal were not disclosed.

Dutch banks report net losses on payments

Commercial banks in the Netherlands are urging a rapid switch to electronic payments after a study by McKinsey found that the nation's top banks booked a net loss of EUR23 million on payments transactions in 2005.

Fortis signs for Screen Consultants' market data manager

Dutch-Belgian banking group Fortis has licensed technology from financial services vendor Screen Consultants to manage its market data costs.

Irish Post Office signs MoU with Fortis for financial services JV

Dutch-Belgian banking group Fortis says it has signed a memorandum of understanding (MoU) to establish a financial services joint venture with The Irish Post Office, An Post.

Deutsche Börse signs Fortis to network services

European banking group Fortis has signed a deal to use Deutsche Börse's global communications network to deliver trading and clearing services to its customers.

First two banks sign to Swift incentive programme

American Express Bank and Fortis Bank have commited to significant volume increases on SwiftNet in return for discounts as part of Swift's traffic growth incentive programme.

Misys wins largest-ever MidasPlus deal at Fortis

European banking conglomerate Fortis Bank has signed a deal to deploy Misys MidasPlus as a unified core banking system across its worldwide operations.

Faulty Fortis ATM allows homeless to withdraw EUR100,000

A faulty cash machine owned by Fortis Bank in Rotterdam allowed 20 homeless social security recipients to withdraw EUR100,000.