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ABN Amro to sell Asia, M-E private banking assets to LGT

Wednesday, December 7, 2016 - 05:50

40569438.2 (40788615) - 06_12_2016 - NETHERLANDS-ECONOMY-BANKING-ABN-AMRO.jpg
ABN Amro NV has agreed to sell its private banking assets in Asia and the Middle East to Liechtenstein-based LGT to focus on its European operations.

London

ABN Amro NV has agreed to sell its private banking assets in Asia and the Middle East to Liechtenstein-based LGT to focus on its European operations.

The unit manages about US$20 billion in Singapore, Hong Kong and Dubai, representing about 10 per cent of ABN Amro's private

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