Get Updates
Get notified of breaking news, exclusive insights, and must-see stories!

Fortis says to buy Commerzbank Japan trust unit

TOKYO, Sept 25 (Reuters) The asset manager of Belgian-Dutch financial group Fortis said on Tuesday it would buy a Tokyo-based asset managing firm wholly owned by Germany's Commerzbank to expand its operations in Japan.

The asset manager, Fortis Investments, declined to comment on the value of its purchase of Commerz International Capital Management (Japan) (CICMJ), but a source familiar with the deal has said it would be a little less than 0 million. CICMJ has about 400 billion yen (

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+