ABN Amro

ABN Amro to cut 5,200 jobs by 2028

It wants to cut costs and optimise capital allocation to boost profitability

ABN Amro has sought to increase and rejuvenate its client base, and recently acquired a wealth manager in Germany.

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

The Dutch government spent almost 22 billion euros to rescue ABN Amro during the 2008 crisis and remained its largest shareholder.

Dutch government plans to cut ABN Amro stake to about 20%

The announcement is the latest disposal by the government, having sold shares in the lender three times previously

ABN Amro is also working on containing expenses arising out of an increase in staff it had brought in to boost data capabilities and for regulatory programmes over the past year.

ABN Amro profit beats estimates on fees, bad loan provisions

Profit at the Amsterdam-headquartered bank came in at 619 million euros (S$902.8 million) for the three months through March

Lenders have complained that the restrictions are a stumbling block in their ability to attract talent.

ABN Amro in Dutch central bank crosshairs over pay restrictions

[AMSTERDAM] ABN Amro Bank said it could be at the risk of financial penalties as a result of a difference of opinion with the Dutch central bank over alleged violations of its pay restrictions.

Net income at the Amsterdam-headquartered bank came in at 397 million euros ($556.8 million) in the fourth quarter, compared with analysts’ estimate of 448.5 million euros.

ABN Amro profit misses estimates as expenses rise

Chief executive officer Robert Swaak will step down without completing his second term

ABN Amro's net profit fell 9 per cent year on year to 690 million euros (S$980.7 million), beating an average forecast of 528 million euros in a company-compiled consensus.

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, the Dutch len...

The loan sale comes at the same time as the Dutch government, which is the lender’s largest shareholder, plans to reduce its equity stake to 30 per cent from 40.5 per cent.

ABN Amro puts 3 billion euros of infrastructure loans up for sale

The Dutch lender is targeting potential buyers including private credit funds

With ABN Amro’s market value of 13.2 billion euros at Monday’s close, the Dutch government’s current stake in the bank is worth about 5.3 billion euros.

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.

ABN Amro's net profit was above estimates at 642 million euros, but down 26 per cent compared to last year.

ABN Amro lifts full-year interest income outlook on higher rates

DUTCH lender ABN Amro on Wednesday (Aug 7) raised its forecast for full-year net interest income (NII) to 6.4 billion euros (S$9.3 billion), after it beat second-quarter estimates, sending its shares ...