NETHERLANDS - The European Court of Justice has backed a decision by the Dutch lawyers' association (Algemene Raad van de Nederlandse Orde van Advocaten) to ban link ups between accountancy firms and the legal profession.
Bu the EC conceded that the measure would restrict competition in the country. The decision stems from a play by ‘Big Five’ accountants Arthur Andersen and PricewaterhouseCoopers to establish ties with...
US/NETHERLANDS - CB Richard Ellis (CBRE) has completed the acquisition of ING Real Estate Investment Management (ING REIM) Europe, marking the final stage of CBRE's absorption of ING's real estate business.
NETHERLANDS - ABN Amro predicts half of Dutch company pension funds will shift assets to insured schemes.
NETHERLANDS - Dropping interest rates knocked the coverage ratio for Pensioenfonds Zorg & Welzijn (PFZW) down to 91% and Stichting Pensioenfonds ABP's down to 90%.
NETHERLANDS - Dutch pension fund Stichting Pensioenfonds SABIC Innovative Plastics has appointed State Street Corporation to provide custody and other services for its €700m ($970m) in assets.
NETHERLANDS/US - Dutch pension fund APG and the US pension fund manager TIAA-CREF have joined forces to invest in five US shopping malls valued at $1.5bn.