Friday, 30 January 2015
Last updated 1 min 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.”
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…