Search results
- ABN Amro Bank NV plans to acquire HSBC Holdings Plc’s German wealth-management unit as the Dutch lender seeks to grow its business catering to affluent clients in the neighboring country, Boersen-Zeitung reported.
news.bloomberglaw.com/mergers-and-acquisitions/abn-amro-poised-to-buy-hsbcs-german-wealth-unit-boersen-saysABN Amro Poised to Buy HSBC German Wealth Unit, Boersen Says (1)
People also ask
Could ABN AMRO take over HSBC?
Will HSBC add Hauck aufhaeuser Lampe to ABN AMRO?
Will ABN AMRO buy Hal?
Is ABN AMRO Bank still operating?
Jun 21, 2024 · Dutch bank ABN Amro is seeking to further expand in Germany as it is nearing a deal to acquire HSBC's wealth management unit in the country, newspaper Boersenzeitung reported on Friday,...
Jun 21, 2024 · FRANKFURT (Reuters) -Dutch bank ABN Amro is seeking to further expand in Germany as it is nearing a deal to acquire HSBC's wealth management unit in the country, newspaper Boersenzeitung...
Jun 21, 2024 · The purchase of HSBC’s German private bank would increase ABN Amro’s assets under management by €26bn, from approximately €70bn. HSBC is looking to further reorganise its German operations, and has identified State Street , BNP Paribas , and Caceis as potential buyers for its fund administration arm INKA and custody business.
Jun 21, 2024 · Buying the HSBC business would add about €26 billion ($28 billion) to ABN Amro’s growing pile of assets under management in a deals-driven expansion of its wealth-management operations, according to the report.
- ncomfort1@bloomberg.net
- Bloomberg News
May 28, 2024 · May 28 (Reuters) - ABN Amro (ABNd.AS) has agreed to buy German private bank Hauck Aufhäuser Lampe (HAL) for 672 million euros ($730 million) from China's Fosun International (0656.HK) to...
The deal, expected to be finalized in the next two to three weeks, will add 26 billion euros to ABN Amro's assets under management, swelling its total to 96 billion euros.
Jun 21, 2024 · ABN Amro is contemplating taking over the German asset manager from banking peer HSBC. This could help the Dutch bank grow and focus more on wealthy clients in the country, the German business newspaper Börsen-Zeitung reported based on information provided by sources.