Rabobank’s former Bouwfonds team has launched up with Dutch private equity firm CommonWealth Investments to launch Primevest Capital Partners, a property investment boutique specialising in European infrastructure assets. The collaboration follows Rabobank’s announcement earlier this week that it has disposed of €4bn in infrastructure, amounting to two thirds of its real estate subsidiary Bouwfonds. The […]
Based in the Dutch town Utrecht, Rishma Moennasing is a senior analyst funds at Rabobank, focusing on equity and SRI funds. She is part of a 20-people strong investment team, managing assets in the double digit billions of euros. Rabobank has developed a strong focus on passive investments, which currently account for 60% of the group’s guided architecture approach, and Moennasing […]
The European Banking Authority (EBA) has revealed the results of the 2016 stress test, conducted among 51 banks located in the EU and the European Economic Area, concluding that the banking sector had significantly shored up its capital base. The test was the first major health check on the European banking sector in two years, […]
Rabobank has announced the appointment of Carin Gorter (pictured) and Bas Brouwers as members of the Executive Board, both join from the group’s competitor ING. The existing role of Chief Financial and Risk Officer, currently held by Bert Bruggink, will be split, Gorter will become Chief Risk Officer (CRO) and Brouwers will take up the […]
Following the recently finalised acquisition of Merrill Lynch’s Wealth Management activities in the Netherlands by Julius Baer, the Swiss private banking group has now announced the appointment of three new relationship managers.
Joining the Europe and Americas presence of Robeco and its former parent Rabobank, together with the Asia and Middle East presence of Japan’s ORIX, to accelerate future growth is one of the key reasons behind the deal announced by the companies, said Makato Inoue, ORIX president and COO, and Roderick Munsters, CEO of Robeco.
Japanese financial services group ORIX Corporation (ORIX) is acquiring approximately 90.01% of the equity in asset manager Robeco from owner Rabobank, for €1.935bn, according to a single statement issued by all parties.
There are three offers for Rabobank’s asset manager Robeco, according to wire service reports.
In one of the most difficult operating environments for Swiss private bankers in recent memory, Bank Sarasin today welcomed approval for J Safra Holding to buy a majority stake, while announcing it would soon cease business with some foreign clients who refused to provide it enough information regarding tax.
While most of his compatriots celebrate US Independence Day, Bob Diamond will be setting off his own fireworks in front of the UK Treasury Select Committee, which has summoned him to account for Barclays’ role in fixing the Libor rate on various occasions between 2005 and 2008.
Sterling hit a 16-month high against a weakening euro this week, as markets lose faith in the EU leaders’ ability to find a credible and permanent solution to the Eurozone crisis.
Ratings agency Fitch has downgraded various major banks across Europe and the US, citing concerns about a lack of global growth, and increased regulation on the sector.