Facing Chorus Of Criticism, ABN May Bargain With Hedge Fund

Mar 1 2007 | 10:59am ET

With public criticism of its performance increasing, ABN Amro is apparently ready to sit down with The Children’s Investment Fund, the British hedge fund pushing to break up the Dutch banking giant.

There is a catch, of course: The Dutch newspaper Financieele Dagblad reports that ABN is willing to discuss an extra capital payout, but not a split-up.

The news comes after Dutch pension fund PGGM expressed its concerns about ABN’s performance, a spokesman Dutch news agency ANP, “like TCI, we are worried about ABN Amro’s strategy.”


In Depth

Steinbrugge: Will Hedge Funds Help or Hurt During the Next Market Correction?

Sep 7 2016 | 11:55pm ET

Most investors have become accustomed to quick rebounds when markets correct, but...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...