ABN Amro apologized on Wednesday for the pain and suffering caused by the involvement of the Dutch bank’s legal predecessors in the slave trade, plantation slavery and the trade in products that originated in slavery. The Dutch were involved in …
THE HAGUE, Netherlands – ABN AMRO has agreed to pay 480 million euros ($574 million) as part of a settlement with prosecutors who accused the Dutch state-owned bank of “serious shortcomings” in tackling money laundering, prosecutors and the bank said …
Europe’s widening money laundering scandals took a new turn as ABN Amro Bank NV disclosed a criminal probe over alleged failures to check on clients and report suspicious transactions, a further sign of woe in an industry already struggling to …
Dutch Finance Minister Jeroen Dijsselbloem ruled out a private sale of ASR Nederland NV, the insurer nationalized during the financial crisis, as parliament signaled its support for an initial public offering of the asset. Dijsselbloem reiterated his plan to hold …
The Dutch government plans to float ASR Nederland, a former insurance arm of the Belgian financial group Fortis, next year rather than try to find a buyer for the business. ASR, a life and property insurer, reported a book value …
