EUROPE - Fortis, BNP Paribas and Dexia cited challenging market conditions to defend underperformance in Q1 2008.
Fortis recorded assets under management down 4.5% from the end of 2007 to €126.9bn but up 1.8% on the same period in 2007. The bank said poor returns had been offset by €1.5bn in inflows and incre...
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