ABN AMRO Private Banking global profit up 63%

24 August 2015 | 2 minutes read

The private banking arm of ABN AMRO saw its bottomline jump 63% year-on-year to US$97.6 million, driven by high operating income and business from the acquired German private banking activities of Credit Suisse. ABN AMRO Private Banking’s revenue also rose to US$383 million, a 13.5% year-on-year increase,  partly due to the sale of premises in Guernsey in Q2 2015. The…

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