Poetic acquisition for Fortis

Fortis adds Dryden Wealth Management to its private banking business with major ramifications for Asia.
July 04, 2005

In a move that looks set to boost its Asian private banking business, Fortis has acquired Dryden Wealth Management for $104 million. The investment management firm, which has $11 billion under management, was purchased from Prudential of the US.

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