Fortis countersues FBN
BELGIUM-based Fortis Holding, the mainly insurance operation left behind after the break-up of the Dutch-Belgian financial services group last year, is countersuing Fortis Bank Nederland (FBN), a former Fortis Holding subsidiary that was taken over by the Dutch government last year, over a disputed Є362.5m in preference shares issued 10 years ago by Jersey-based Fortis Capital Co Ltd (FCCL).