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ABN AMRO PB cuts international clients team in SG, but Hanegraaf reaffirms bank’s commitment to Asia

AMSTERDAM – Hoofdkantoor ABN-Amro aan de Zuidas. ANP PHOTO RICK NEDERSTIGT

ABN AMRO Private Banking has made further staff cuts in Asia, including to its Singapore-based international clients team. However, Hans Hanegraaf, country executive ABN AMRO Singapore and head of private banking Asia & Middle East, tells Asian Private Banker that the changes are an inevitable outcome of difficult market conditions and strategic refinement, and that the bank is now focusing…

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