ABN Amro to cut 5,200 jobs by 2028
ABN Amro Bank outlined a plan to cut 5,200 full-time roles by 2028 as new chief executive officer Marguerite Berard unveiled her vision for the lender. The Dutch bank vowed a return on…
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ABN Amro to buy NIBC Bank from Blackstone for 960 million euros
The deal will cut the Dutch bank’s CET1 capital ratio by about 70 basis points at closing ABN Amro Bank said it will acquire NIBC Bank from Blackstone for about 960 million euros (S$1.45…
Dutch government plans to cut ABN Amro stake to about 20%
The Dutch government is embarking on another reduction in its stake in ABN Amro Bank as it continues to gradually pare its holdings in the lender it bailed out during the financial crisis.…
Dutch lender ABN Amro’s Q3 profit beats estimates on strong interest income, fees
ABN Amro reported a smaller-than-expected fall in third-quarter profit on Wednesday (Nov 13), driven by sustained improvement in net interest income (NII) and strong performance of fees,…
Dutch to cut ABN Amro stake further as exits gather pace
THE Dutch government plans to sell more shares in ABN Amro Bank, joining states across Europe in speeding up the exit from banks that were bailed out after the financial crisis. The…