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Generali: net profit of € 51 mln after write-downs of € 1.5 bln

Group net profit was € 51 million (€ 724 million in the first half of 2001). The significant fall in the net result was due to the negative effects of financial markets, which brought abou ...

Deutsche Bank continues profitable growth with private & business clients

Results to increase to € 1 billion by 2004In October 2002 Deutsche Bank will combine its strengths and competencies in its private and business client unit into an integrated European offer. To ...

Baring Houston & Saunders launches UK residential fund

ING subsidiary Baring Houston & Saunders has launched the UK’s largest residential investment fund. Aimed at both domestic and overseas investors, the fund will have an initial size of £ ...

Zurich and other European insurers to raise $5 bln in share sales

Zurich Financial Services AG, Royal & Sun Alliance Insurance Group Plc and other European insurers will ask investors for at least $5 billion as investment losses mount and their shares plunge.Zur ...

Catella sets up new investment management company

In line with its ambition to increase focus on financial services, Catella is starting a new investment management company together with Mr R Malcolm Naish, former International Director of LaSalle In ...

July exports no longer falling

According to the latest preliminary figures by Statistics Netherlands, the Netherlands exported almost 19 billion euro worth of goods in July 2002. This is virtually identical to the July 2001 figure. ...

Schiphol: delayed opening new fifth runway

Opening not earlier than early 2003Construction of Amsterdam Airport SchipholÂ's new fifth runway, Polderbaan, will be completed as scheduled on November 28, 2002. However, the new runway will not be ...

Roelf Pater to head Asset Management Mn Services

As per September 5, 2002 drs. R. Pater will head Asset Management of Mn Services.Roelf Pater has been employed by Mn Services from 1 March 1997. As from 1 May 1999 he was Manager Finance and Informati ...

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