BGL BNP Paribas, the Luxembourg subsidiary of French financial group BNP Paribas, and Dutch financial group ABN Amro have reached an agreement for the full acquisition by BGL BNP Paribas of ABN Amro Bank (Luxembourg) and its arm ABN Amro Life. It is understood BGL BNP Paribas will transfer ABN Amro Life’s activities to Cardif […]
Dutch bank ABN Amro has raised €3.3bn in an initial public offering, with share prices rising by up to 3.4%, allowing the government to cut its stake and recoup some of the losses of its bailout during the financial crisis. In total, the bank sold 188 million shares, this translates into a 20 percent stake […]
Dutch ABN Amro has announced today that as of mid-April portfolios for retail and private banking clients will predominantly be managed via its own fund of mandates, according to a letter sent to the banks private banking clients. ABN Amro pledged to maintain its open architecture whilst aiming to boost its own asset management activities. […]
Dutch minister of finance Jeroen Dijsselbloem (pictured) has announced he will delay the sale of ABN Amro Group due to the controversy around pay increases at the bank. ABN Amro was taken over in 2007 by a consortium of the Royal Bank of Scotland, Fortis and Banco Santander, constituting the biggest bank takeover to date. […]
ABN Amro Investment Management, a subsidiary of ABN Amro, founded at the beginning of 2014, has entered liquidation. The subsidiary was set up in order to administer the launch of two ETF’s tracking Eurostocks 50 and the AEX, in a bid to play into the growing demand for exchange traded products. “The products ceased as […]
The results of the ECB comprehensive assessment among 130 European banks including 7 Dutch institutions suggests good news for the Dutch banking sector, including the nationalised ABN Amro and ING. All banks surveyed were found to comply with the ECB’s Common Equity Tier 1 capital requirements. The ECB comprehensive assessment, which consisted of a balance […]
Six alternative funds are being offered the chance to pitch to more than 200 institutional investors, funds of funds and high net worth individuals at the second Amsterdam Investors Forum (AIF), organised by ABN AMRO Clearing on 13 February 2013.
Bankers in the Netherlands will have to swear an oath of integrity, with performance-related bonuses capped at 20% of fixed salary, while higher taxes will hit anybody in the country earning more than €100,000, according to reports on a coalition agreement signed in the Netherlands.
Despite lagging investment trends in London, Italian institutions and privates have definitely turned their attention to bond funds denominated in Chinese renminbi, otherwise known as ‘Dim Sum’.
What do you do when existing regulation threatens your most successful fund sector? According to the Spanish regulator, relax credit rating criteria for guaranteed funds.
As the end of 2011 draws near, predictions for 2012 are coming thick and fast. Yet, who can claim to have clairvoyant abilities and who is just hoping last year’s analysis will be buried with their financial losses? InvestmentEurope brings you a series of brief outlooks for 2011 as they were.
Thomas Wendt Correction In the IE11 issue of the magazine, we reported that ING Investment Management Germany had hired Thomas Wendt for its institutional sales team in Frankfurt. We stated that Wendt had replaced Michael Schrinner, which is not the case. Schrinner and Wendt are colleagues on the institutional sales team. IE would like to […]