Wednesday, 3 June 2015
Last updated 17 hours ago
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.”
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…