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Laggard growth underpins ABN AMRO PB sale rumours

AMSTERDAM – Het hoofdkantoor van ABN AMRO aan de Zuidas, het zakencentrum van Amsterdam. ANP XTRA LEX VAN LIESHOUT

Speculation has been mounting that ABN AMRO is looking to exit its private banking franchise in Asia. A number of potential acquirers have been mooted, but little has emerged in the way of concrete fact. What is clear, however, is that the Dutch private bank has struggled to build its ex-Europe business and strengthening headwinds will not make that task any…

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