NETHERLANDS/BELGIUM - Fortis Investment Management (FIM), the Dutch-Belgian financial services firm, posted a 7% decline in first quarter revenues and a 15% drop in net operating profits compared to the same period last year.
Persistently weak economic conditions were also blamed for an overall 8% drop in Q1 net operating profits at Fortis Group to e763m during the same time. But compared to the last quarter of 2002 ...
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