|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||17.37 - 17.50|
|52 Week Range||15.54 - 23.38|
|Beta (3Y Monthly)||1.13|
|PE Ratio (TTM)||7.77|
|Earnings Date||Nov 13, 2019|
|Forward Dividend & Yield||1.20 (6.94%)|
|1y Target Est||27.59|
Sale of shares in equensWordline to Worldline completed On 24 July, ABN AMRO announced the sale of its remaining 7% interest in equensWordline to Worldline, subject to.
ABN Amro shares plunged 12% as the bank disclosed the Dutch public prosecutor is investigating it over money laundering prevention and the financing of terrorism.
ABN Amro is being investigated for money laundering in a new blow to shares in the Dutch bank, which prosecutors allege failed to report or probe suspicious transactions for years. The Netherlands has been the target of several inquiries into suspected money laundering and investigators last year estimated that around 13 billion euros ($14.2 billion) was laundered each year through the country between 2004 and 2014, a sum equivalent to roughly 2% of Dutch GDP. Dutch prosecutors said in March they were evaluating signs of Dutch bank involvement in a money laundering network which allegedly channelled billions of euros from Russia.
ABN Amro shares plunged nearly 10% in Amsterdam as the bank disclosed the Dutch public prosecutor is investigating it over money laundering prevention and the financing of terrorism. Last year, ING was fined 775 million euros over similar charges. ABN Amro said it'll cooperate fully with the investigation.
ABN AMRO subject of investigation by the Dutch public prosecutor On Wednesday 25 September 2019, the Dutch public prosecutor informed ABN AMRO that the bank is the subject of.
ABN AMRO reports net profit of EUR 693 million for Q2 2019 Net profit for the second quarter strong at EUR 693 million, reflecting solid operational performance and moderate.
ABN AMRO will sell its remaining 7% of shares in equensWorldline to Worldline. Following this transaction ABN AMRO retained a 7% interest. Today Worldline announced they will exercise their call option and acquire the remaining shares from ABN AMRO and other minority shareholders.
ABN AMRO announced today that Kees van Dijkhuizen will not serve a new term of office following the end of his current term, which will expire at the Annual General Meeting on 12 April 2020. The terms of office of the members of the Executive Committee (ExCo) will be extended by two or four years in March 2020. The terms of Frans van der Horst (CEO of Retail Banking) and Pieter van Mierlo (CEO of Private Banking) will be extended by two years, those of Daphne de Kluis (CEO of Commercial Banking) and Rutger van Nouhuijs (CEO of Corporate & Institutional Banking) by four years.
ABN AMRO sells part of its reference shareholder stake in Euronext N.V. to Caisse des Dépôts Today ABN AMRO sold to Caisse des Dépôts 700,000 shares of Euronext.
Let's talk about the popular ABN AMRO Group N.V. (AMS:ABN). The company's shares received a lot of attention from a...
ABN Amro's quarterly net profit plunged by a fifth and fell short of expectations and the Dutch bank also warned that slowing economic growth and low interest rates could hit future earnings. Chief Executive Kees van Dijkhuizen said the impact of those factors could become more apparent after interest income fell 6% in the first three months of the year. ABN said the decline in first quarter net profit to 478 million euros was mainly due to incidental gains on equity investments made in the previous year.
Another European bank faces a money laundering probe. Dutch prosecutors are investigating ABN Amro, one of the country's top lenders. The Netherlands has been the target of several such inquiries. Investigators have estimated that over 14 billion dollars were laundered through the country each year between 2004 and 2014. Last year Dutch bank ING was hit with a 900 million dollar fine. Shares in ABN Amro fell about ten percent following Thursday's (September 26) news. It's all part of move by European authorities to crack down on lax monitoring of illegal transactions. On Wednesday (September 25) German investigators raided Deutsche Bank in connection with a money laundering scandal at Denmark's Danske Bank. The same day saw a former Danske Bank executive found dead in Estonia. Aivar Rehe was head of the lender's operations there until 2015. His branch was under investigation over suspicious payments totalling 220 billion dollars. Police said Rehe's death was not being treated as suspicious.