The Dutch government is planning to implement stricter rules for financial institutions' remuneration policies, including stricter rules on share benefits and bonuses. Representatives of the FinTech sector, which falls under 'financial institutions', are outraged by these new rules, saying that they will result in higher financial risks for the companies, unfair competition, and higher administrative costs, Financieele Dagblad reports.
shares
Mar 6 '19 07:53
Not informing the Tweede Kamer about the government purchasing shares in Air France-KLM was a "judgment call", Minister Wopke Hoekstra of Finance said in a debate on the matter on Tuesday. He considered all variants of parliamentary involvement in the purchase. "Considering all the pluses and minuses, this was the most ideal, but an ideal outcome does not exist", he said, NOS reports.
Mar 1 '19 12:40
It seems that the Netherlands and France are on good terms again, after the Dutch state unexpectedly bought a large interest in Air France-KLM this week. During a joint press conference, Dutch Minister Wopke Hoekstra of Finance and French Minister Bruno Le Maire of Economic Affairs stressed their common interest in making Air France-KLM "the best aviation company in the world", NOS reports.
Feb 27 '19 14:20
The price for Air France-KLM shares opened 9.3 percent lower on Wednesday, dropping from 12.73 euros at closing on Tuesday to 11.65 euros just after the start of trading on Wednesday. On Tuesday evening Ministers Wopke Hoekstra of Finance and Cora van Nieuwenhuizen of Infrastructure announced that the Dutch State built up a significant share in the airline group over the past week, NU.nl reports.
Feb 27 '19 08:53
The Dutch State bought 12.68 percent shares in Air France-KLM, worth 680 million euros, Minister Wopke Hoekstra of Finance announced at a press conference on Tuesday evening. The French government did not know about this move in advance, according to French Minister of Economic Affairs Bruno Le Maire, NU.nl reports.
Jun 28 '17 18:00
The Dutch state sold another 65 million ABN Amro share certificates, about 7 percent of the shares, the bank announced on Wednesday. The sale made the government 1.5 billion euros, ANP reports.
Following this sale, the Dutch government still holds 63 percent of ABN Amro's shares. The government intends to sell all its shares in the coming years. The next transaction can happen in 60 days at the earliest.
ABN Amro was nationalized during the 2008 credit crisis and returned to the stock exchange in 2015.
Jan 13 '17 13:35
The Dutch government made approximately 450 million euros by selling 20.4 million shares in former Fortis insurer ASR. The shares were sold for 22.15 euros each, NLFI announced on Friday, ANP reports.
The NLFI is the foundation that manages the Dutch government's shares in financial institutions.
With the sale of 20.4 million shares on Thursday, the government's share of ASR reduced from 63.7 percent to 50.1 percent. the government plans to further reduce its share in ASR, but has to wait at least 90 days before another transaction can happen.
Apr 15 '16 16:55
On Thursday afternoon ING Group announced the sale of the last of its residual share in the insurance and asset management company Nationale-Nederlanden
Feb 8 '16 14:55
Investors' association VEB filed a lawsuit against Volkswagen last week over the diesel software scandal on behalf of Dutch investors. In the days after the scandal was revealed, Volkswagen shares lost more than 35 percent of its value. According to the VEB, Volkswagen misled its shareholders with false and misleading statements.
Nov 20 '15 07:52
ABN Amro hits the public market on Friday at 17.75 euros per share, in line with what was expected. Trading starts on Euronext Amsterdam at 9:00 a.m. with the stock symbol of AMS:ABN
Oct 13 '15 18:30
The government of the Netherlands does not plan to buy any shares from airline Air France-KLM. Employers’ organization VNO-NCW has called on the cabinet to take a stake in the airline and as Minister of Finance Dijsselbloem points out, there has been no request for additional capital.
May 11 '15 17:45
In the first quarter of 2015, the market value of Dutch companies listed on Amsterdam's stock exchange, Euronext Amsterdam, rose to 735 billion Euros, reports the Dutch Central Bank (DNB). Compared to the previous quarter, it grew by 101 billion. This is the largest absolute increase since the last quarter of 1999.
Apr 1 '15 17:27
The Netherlands' largest cable operator, Ziggo, is dropping 450 employees in its merger with Dutch cable company UPC, NOS reports. Several hundred temporary workers, freelancers, independent contractors and third-party hires will also be let go.
Feb 24 '15 17:15
Dutch software platform AppMachine received a 15.2 million US dollar investment from one of the largest online services providers, Endurance International Group. The investor receives 40 percent of the Heerenveen, Friesland firm's shares in the deal with Endurance having the option to increase share ownership over time, they announced on Tuesday.
Jun 5 '14 11:25
ING has announced that it is brining its insurance branch to the Amsterdam stock exchange in an IPO move. This may take place within two months, the NOS reports.
Mar 12 '14 15:13
Telegraaf Media Groep (TMG) closed off 2013 with a remarkable net profit of €177.9 million, thanks to the selloff of its shares in broadcast company ProSiebenSat.1, announced the company today.
