Brussels-headquartered financial group KBC has reported that asset management giant BlackRock has crossed the 5% threshold as shareholder on 11 July 2017, following a net purchase of shares. BlackRock’s weight in KBC Group’s shareholding now amounts to 5.1%. In detail, BlackRock’s share in the Belgian financial group is held by over 15 of the manager’s […]
Brussels-headquartered financial group KBC has announced a number of changes to its executive committee will be effective as from 5 May 2017. Luc Gijsens, international markets business unit CEO will resign after a career of 40 years. Luc Popelier, currently chief financial officer of KBC, will take over the role. Rik Scheerlinck, currently CEO of K&H […]
Aviva Investors, part of the UK insurance group Aviva, has abandoned its efforts to gain a licence to trade in China’s $380bn mutual fund industry, according to a report from Reuters.
KBC Group, the Brussels-based financial services group, has finalised the sale of its private banking subsidiary KBL European Private Bankers (“KBL epb”) to Precision Capital S.A.