ABN Amro
Agriculture in a basket
ABN Amro has provided a sharia-compliant two-year capital-protected income product linked to a basket of international agricultural stocks. There is an 8% cap on individual stock growth
Credit crisis costs RBS $5.6 billion
Royal Bank of Scotland (RBS) has suffered $5.6 billion (£2.9 billion) in writedowns, due to exposures to US subprime debt exposures and losses in its leveraged finance portfolio.
Agencies rethink market risk rating methods
The three largest global rating agencies are reconsidering their approach to rating structures exposed to fluctuations in market value, with potentially unpalatable results for holders and arrangers of various structured credit products.
RBS and ABN Amro expect subprime-related writedowns
The Royal Bank of Scotland (RBS) has predicted it will suffer writedowns of £950 million from exposures to US subprime mortgage markets over the second half of this year.
ABN Amro chairman Groenink to quit bank
Rijkman Groenink, chairman of the managing board of ABN Amro, has announced he will step down, after 33 years of employment at the bank.
ABN's Brushfield completes first CDO
The principal finance arm of ABN Amro, Brushfield Capital, has completed its first collateralised debt obligation (CDO).
Brazil looks to controls
New legislation in Brazil on banking systems and controls has triggered a flood of sales from large accountancy firms and specialist service providers. John Rumsey looks at the new rules and how Brazilian banks are responding
Cross-border confusion
Europe's internationally active banks have until the end of this year to be fully compliant with the new Basel capital Accord, but a lack of clarity on cross-border implementation continues to cause major problems
BNP Paribas adds two in FX sales to hedge funds
BNP Paribas has hired Peter Snasdell and Peregrine Hood to its London-based hedge fund sales desk for foreign exchange.
ABN Amro launches emerging-market-linked products in Singapore
Dutch bank ABN Amro has launched zero-strike participation certificates to allow investors in Singapore to invest in emerging markets and focused themes.
ABN Amro lists index products in Singapore, poaches from Calyon
ABN Amro will list a new range of equity-linked products on the Singapore Exchange on June 1, says Miles Ashton, head of sales for private investors products, Asia at ABN Amro.
ABN and Grosvenor in first Australian property swap
Grosvenor Group, an international property company, and Dutch bank ABN Amro, announced on May 21 that they have agreed the first Australian property derivatives transaction.
LiquidityHub expecting launch in Q3
London-based electronic trading consortium LiquidityHub plans to start distributing the liquidity of 15 banks in interest rate swaps by the third quarter of this year.
Trading platforms strike deal with LiquidityHub
LiquidityHub, the London-based electronic trading consortium, has signed agreements to distribute its liquidity in the interest rate swap and US Treasury bond markets across the Reuters and Bloomberg trading platforms.
ABN Amro makes loan appointments
Dutch bank ABN Amro has appointed three new staff to its loan syndicate, sales and trading team.
DBRS strengthens EMEA structured finance group
Toronto-based ratings agency DBRS has appointed Niclas Sandstrom to its structured finance quantitative group in London. His appointment continues the growth of DBRS’s Europe, Middle East and Africa (EMEA) team.
ABN appoints head of global commodity finance
Bart Timmermans has succeeded Anushavan Simonyan as head of global commodity finance at ABN Amro, effective May 1, 2007.
ABN Amro launches climate change index
Dutch bank ABN Amro has released a Climate Change and Environment index, intended to give investors exposure to companies that will benefit from working to avoid global warming.
Working group to set up diamond derivatives
After a meeting with the International Swaps and Derivatives Association, UK-based cut diamond market data provider Polished Prices is putting together a working group aimed at creating a market in diamond derivatives.
Bumf and bumf-ability
Each time a directive is altered in the run-up to implementation, the resulting rewording and reprinting of documentation can prove almost as challenging as getting the changes accepted by the industry. When that directive is as large as Mifid, a whole…
ABN Amro - Product review
Dutch bank ABN Amro is making a real name for itself in the socially responsible investment arena. Here we review its Sustainability Protected Plus Note - a CPPI product linked to a sustainability basket
ABN and Merrill launch first industrial property swap
Dutch bank ABN Amro and US bank Merrill Lynch have this week launched the first industrial property derivative.
Cameron ousted in ABN Amro reshuffle
Niall Cameron, previously head of traded markets at ABN Amro in London, has left his post as part of a reshuffle by the head of global markets, Gary Page.