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PR News Wire (Free subscription) | yesterday
ROSEMONT, Ill., Dec. 3 /PRNewswire-FirstCall/ -- Cole Taylor Bank, a subsidiary of Taylor Capital Group, Inc., (Nasdaq: TAYC) today announced that it has established a new residential mortgage origination line of business. The new business will be headed up by Willie Newman, former Executive Vice President of ABN AMRO Mortgage Group, and a recognized industry expert with more than 24 years of mortgage...
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PR News Wire (Free subscription) | 11/25/2009
NEW YORK, Nov. 25 /PRNewswire/ -- FXDD is proud to announce the acquisition of a magnificent new office space at 7 World Trade Center. The column-free 41,000 square foot space that makes up the entire 32nd floor is ideal for significant business operations expansion. FXDD now has a 13-year sublease on the space from ABN AMRO, which never moved in due to its takeover by the Royal Bank of Scotland.
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Market Watch (Free subscription) | 11/24/2009
HONG KONG (MarketWatch) -- Manulife Asset Management Hong Kong Ltd. said Tuesday it has signed an agreement to buy Fortis Bank SA's stake in a fund for 105 million euros ($157 million) to gain a "fast-track entry" into the Chinese asset-management industry. Manulife said the cash deal for Fortis' 49% stake in ABN Amro Teda Fund Management Co. will be earnings accretive in the first year...
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The Wall Street Journal (Free subscription) | 11/24/2009
Manulife FinancialCorp. has signed an agreement to purchase Fortis Bank's 49% ownership in ABN AMRO TEDA Fund Management Co. for the equivalent of $156 million.
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Market Watch (Free subscription) | 11/06/2009
LONDON (MarketWatch) -- Royal Bank of Scotland said Friday that it swung to a third-quarter net loss of 1.8 billion pounds ($2.98 billion) from a pro-forma profit of 871 million pounds a year earlier. The group said total income fell 17% to 7.09 billion pounds, while impairments losses jumped to 3.28 billion pounds from 1.28 billion pounds. The numbers are adjusted to exclude parts of the ABN Amro...
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Financial Times (Free subscription) | 10/20/2009
Deutsche Bank has reached preliminary terms with the Dutch government to resurrect a deal to buy assets formerly owned by ABN Amro
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Market Watch (Free subscription) | 10/20/2009
LONDON (MarketWatch) -- Deutsche Bank said it's reached a "heads of agreement" with the Dutch Ministry of Finance to buy parts of ABN Amro's commercial banking activities in the Netherlands. Deutsche Bank had reached a similar deal in July 2008 to buy the unit for 709 million euros in cash with Fortis before the then-lender needed rescues from several governments. The assets that Deutsche...
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Financial Times (Free subscription) | 10/20/2009
The deadline for the Dutch government to present a deal to the EU competition watchdog for the sale of ABN Amro assets has been extended
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BloggingStocks (Free subscription) | 10/13/2009
Filed under: Products and services , Launches , Entrepreneurs , Personal finance , Technology If you are among the millions of day traders out there, here is a device that could help you. Researcher Geert Christiaansen, working for the Dutch electronics firm and ABN AMRO, Philips, has a new gadge t that will measure you stress level while you are day trading. How does it work? Users wear a bracelet...
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Financial Times (Free subscription) | 10/07/2009
The division of ABN Amro had differing outcomes: RBS and Fortis are case studies; Santander Brazil has an implied market capitalisation of €34bn
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Financial Times (Free subscription) | 09/18/2009
Negotiations to buy commercial banking operations from ABN Amro collapse over a failure to agree terms. The breakdown represents a setback to the Dutch government
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Market Watch (Free subscription) | 09/14/2009
LONDON (MarketWatch) -- Brick maker Wienerberger said Monday that it will issue up to 33.6 million new shares, representing 40% of its existing share capital. ABN AMRO, Morgan Stanley and UniCredit are acting as joint bookrunners and underwriters in this transaction. The subscription ratio is 2:5 and the subscription price has been set at 10.0 euros, resulting in gross proceeds of at least 335.8 million...
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SeekingAlpha.com (Free subscription) | 07/30/2009
Felix Salmon submits: 2002 was a bad year for Banco Santander ( STD ): In the wake of economic crises in Argentina, Uruguay, and Brazil, the bank found itself with large Latin American losses and a desperate need for capital. So it ended up selling 25% of its Mexican subsidiary, Santander Serfin, to Bank of America ( BAC ). Now history is repeating itself, this time in Brazil. Santander was the big...
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Financial24 (Free subscription) | 06/29/2009
AMSTERDAM, June 29 - The former chief financial officer of Dutch bank ABN AMRO is probably dead after being missing for a week, a Dutch public relations agency said Monday on behalf of the CFO's family . Huibert Boumeester, who also was the one-ti ...
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Market Watch (Free subscription) | 06/29/2009
LONDON (MarketWatch) -- Huibert Boumeester, the former chief financial officer of ABN Amro, was found shot dead in a woodland Sunday in Winfield, England, the Daily Mail newspaper reported on Monday. The banker was last seen on June 22 and concern about his fate rose last week after it emerged two of his shotguns were missing. The Daily Mail, citing unidentified sources, said is he believed to have...
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