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

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note