ABN AMRO Group

ABN AMRO Group

ABN AMRO Group N.V. is a Dutch bank group, consisting of ABN AMRO Netherlands, ABN AMRO Private Banking, the International Diamond and Jewelry Group, and Fortis Bank Netherlands.

The group was formed after the Dutch government nationalised the Dutch part of Fortis on October 3, 2008 to prevent the bank and insurer succumbing to the Financial crisis of 2007–2010. The insurance arm of Fortis has been split off as ASR Nederland.

When the group was formed, the Dutch government had a 97.8% stake in Fortis Bank Netherlands Holding NV, a 100% stake in Fortis Insurance Netherlands NV, and a 33.8% stake in RFS Holdings BV. It said that the banks would be integrated and merged into one organisation under the name ABN AMRO Bank N.V. before an exit would occur.

The merger was completed on 1 July 2010 and the Dutch government has said that the bank will remain under state ownership until at least 2011 after which it would consider a public listing on the stock market.

Read more about ABN AMRO Group:  Credit Crisis, Madoff Fraud, Name

Other articles related to "abn, amro, abn amro, abn amro group, group":

List Of Banks In Europe - Netherlands - Defunct or Merged Banks
... See also List of defunct banks of the Netherlands ABN (Algemene Bank Nederland) AMRO Bank (Amsterdamsche Rotterdamsche Bank) Bank Bercoop DSB Bank went bankrupt in 2009 Fortis N.V ... became part of MeesPierson under ABN AMRO Nederlandsche Handel-Maatschappij became part of ABN AMRO Nationale Handelsbank ASR Bank and AMEV Bank N.V ...
ABN AMRO Group - Name
... finance minister Wouter Bos announced that Fortis and ABN AMRO would be merged ... Until then, the banks would operate independently as Fortis Bank and ABN AMRO Netherlands ... After the merger was complete the bank used the name ABN AMRO for the combined bank, and the bank was officially renamed on 1 July 2010 ...
Park Resorts - History
... In December 2004 Park Resorts was sold to ABN AMRO Capital for £165 million, and its activities were merged with the GB Holiday Parks business (itself ... to hold a residual investment representing a 9% stake in the enlarged group ... Whilst this was financially very beneficial to the three founders and ABN Amro it was reported that this deal left the ongoing business with close to £350m debt ...
Thomas S. Ricketts - Business History - Mesirow Financial and ABN AMRO
... vice president with Mesirow Financial until moving to ABN AMRO as vice president in their brokerage division ... helped launch the first successful version of this system while at ABN AMRO ... In 1999 he left ABN AMRO to found Incapital ...
Algemene Bank Nederland
... Algemene Bank Nederland (ABN) was a Dutch bank that became one of the main predecessors in ABN AMRO ... In 1991 ABN Bank merged with AMRO Bank (Amsterdamsche Rotterdamsche Bank) to form ABN AMRO Bank ...

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