ABN AMRO sells majority stake in Stater to Infosys
ABN AMRO announced today that it has sold 75% of its shares in Stater to Infosys.
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ABN AMRO announced today that it has sold 75% of its shares in Stater to Infosys.
ABN AMRO has raised its holding of European bonds that offer collateral (covered bonds) while at the same time reducing its position in American mortgage-backed securities (MBS).
The Dutch are struggling with how to contribute to a better climate. No fewer than six in ten Dutch people are concerned about climate change and 80 per cent believe we should live more sustainably to leave the planet a better place for future generations. But despite this awareness, they are reluctant to opt for sustainable alternatives if that means paying out of their own pocket. And so they take small steps when it comes to integrating sustainable solutions in their daily lives.
Today, ABN AMRO Group N.V. publishes the convocation and meeting materials for its 2019 Annual General Meeting, to be held in Amsterdam on Wednesday 24 April 2019.
Today, ABN AMRO published its 2018 Integrated Annual Review, Annual Report of ABN AMRO Group N.V. and ABN AMRO Bank N.V., and additional disclosures.
ABN AMRO has announced new investment products for its advisory clients in the Netherlands. New products will include investment funds that ABN AMRO manages in partnership with other asset managers, for example ABN AMRO’s multi-manager funds. For these funds, ABN AMRO’s asset manager ABN AMRO Investment Solutions (AAIS) delegates its management function by mandating external portfolio managers specialising in the specific asset classes in which they invest. Advisory clients will also have access to more funds handled by external parties: previously, those investment products were restricted to institutional and asset management clients.
On 30 July 2018, ABN AMRO announced the acquisition of Societe Generale Private Banking NV, the private banking subsidiary of Societe Generale in Belgium.
ABN AMRO will remain neutral on equities. The bank argues that this position is justified given the conflicting signals affecting the investment climate. ABN AMRO does not believe that the economy will enter a recession, nor does it believe that specific risks such as Brexit and the Chinese-US trade conflict will escalate.
ABN AMRO today releases its second Human Rights Report, underpinned by the reporting guidelines of the UN Guiding Principles on Business and Human Rights.
ABN AMRO has joined the Dutch Alliance for a Smoke-Free Society (Alliantie Nederland Rookvrij), a partnership of more than 140 organisations that is led by the Dutch Lung Foundation, the Dutch Cancer Society and the Dutch Heart Foundation. ABN AMRO is now the first bank in the Netherlands to support the Smoke-Free Generation initiative.
ABN AMRO reports net profit of EUR 2,325 million for FY 2018
ABN AMRO announces its intention to simplify the group structure through the execution of a legal merger between ABN AMRO Bank N.V. (ABN AMRO Bank) and ABN AMRO Group N.V. (ABN AMRO Group). The proposed legal merger aims to improve regulatory capital ratios (including the leverage ratio), optimise administrative processes and lower administrative costs.
ABN AMRO’s Digital Impact Fund has increased its investment in Tink, following its first investment in this Swedish FinTech in May 2016 and a second investment in October 2017.
Intertrust N.V. (“Intertrust” or “Company”) [Euronext: INTER], a leading global provider of expert administrative services to clients operating and investing in the international business environment, and ABN AMRO today announce they have reached agreement for Intertrust to acquire ABN AMRO’s Escrow and Settlement business.
ABN AMRO is looking for 50,000 used tennis balls. The bank plans to use these balls to make a playground for the Krajicek Foundation, a partner of ABN AMRO. ABN AMRO is calling on all people in the Netherlands – including its employees – to donate their used tennis balls at one of the bank’s branches.