Wednesday, April 7, 2010 as of 11:14 AM ET
ABN AMRO Bank N.V. is a Dutch state-owned bank with headquarters in Amsterdam. It was re-established, in its current form, in 2009 following the acquisition and break up of ABN AMRO Group by a banking consortium consisting of Royal Bank of Scotland Group, Santander and Fortis.
Read More at Wikipedia ›Royal Bank of Scotland Group PLC (RBS) said Friday it plans to axe 500 jobs in the Netherlands, or 26% of its workforce there, as it seeks to reduce costs in a difficult market and tougher regulatory environment.
The cuts, which will mainly affect back-office workers, are partly related to the global restructuring that the U.K. bank announced in January, a spokeswoman of RBS Netherlands said. "But it's also on the back of a review we finalized, in light of market circumstances and the tougher regulatory environment that we are facing," she added.RBS said in January it was looking to exit its Dutch brokerage business as part of a broader package of measures being taken by the U.K. government-controlled bank to strip back its balance sheet by disposing of riskier operations and refocus as a retail bank. The disposals will see it prune about 3,500 jobs over a three-year period. RBS said it would either sell or close unprofitable parts of its so-called global banking and markets--or investm...French-Dutch real estate company Unibail-Rodamco SA (UL.FR) has priced its EUR750 million, seven-year bond at 105 basis points over midswaps, one of the banks runnin...
BNP Paribas Home Loan SFH (BNP.FR), the French lender's covered bond issuing unit, priced a EUR1 billion, 10-year deal, one of the banks running the transaction said...
BNP Paribas Home Loan SFH (BNP.FR), the French lender's covered bond issuing unit, is to price its EUR1 billion, 10-year deal at 85 basis points over midswaps, one o...
French-Dutch real estate company Unibail-Rodamco SA (UL.FR) has set pricing on its euro-denominated, benchmark-size, seven-year bond at 105 to 110 basis points over ...
BNP Paribas Home Loan SFH (BNP.FR), the French lender's covered bond issuing unit, is planning a EUR1 billion, 10-year deal, one of the banks running the sale said T...
Swedish lender Svenska Handelsbanken AB (SHB-B.SK) is ramping up its expansion in the Netherlands where it aims to compete with larger local rivals through a strong ...
Stephen Hester, chief executive of the largely government-owned Royal Bank of Scotland Group PLC (RBS), Wednesday said he had considered resigning from the bank duri...
The following is a summary of analysts' forecasts for ING Groep NV (ING) fourth-quarter results, based on a poll of five analysts conducted by Dow Jones Newswires (f...
Belgian insurer Ageas NV (AGN.BT) said Tuesday that a tender offer on some bonds linked to the company's legacy from former financial giant Fortis closed successfull...
U.S. corporate bonds rallied for each of the first four weeks of the year, but it looks as though investors won't make it all the way through January without a hiccu...
An apparent stalemate in Greece's debt talks cast a pall over credit markets Monday, with a measure of health in the corporate-bond market falling and few companies ...
The Financial Services Authority's chief executive Hector Sants will be questioned further by the U.K. Parliament's Treasury Committee before taking up his position ...
London Metal Exchange shareholders could vote later this year on a bid from one of CME Group Inc. (CME), IntercontinentalExchange Inc. (ICE), Hong Kong Exchanges and...
The following is a summary of analysts' forecasts for ING Groep NV (ING) first-quarter results, based on a poll of 10 analysts conducted by Dow Jones Newswires (figu...
ABN AMRO Bank NV said Tuesday it has completed the acquisition of parts of Royal Bank of Scotland Group PLC's (RBS.LN) businesses in The Netherlands.MAIN FACTS- On 7...
The housing market slump in the Netherlands is causing headaches for the country's banks, which were just on their way to recovering from the financial crisis in 200...
Of DOW JONES LBO WIREThe asset-management arm of Goldman Sachs Group Inc. has begun to market its sixth global secondary fund, according to prospective investors and...
Former shareholders in Fortis, the collapsed Dutch-Belgian financial giant, scored a victory Thursday in their battle to recoup some of their losses after a Dutch co...
-UPS makes agreed EUR9.50 a share offer-Offer equivalent to 54% premium to share price before merger talks announced-TNT's largest shareholder has agreed to tender i...
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