ABN Amro
ABN Amro ups data quality initiative
Improving data quality is a risk management initiative driven by Basel II at ABN-Amro
New RBS task force to drive AMA standard
RBS creates a new body looking at driving efficiencies in op risk management and raising its function to AMA standards.
Top 50 Global Custody Mandates Survey 2010
Gaining ground, our latest analysis reveals the key findings of the Top 50 Global Custody Mandates 2010 study
Corporate statement: The RICI® EnhancedSM indexes – attracting increasing interest from institutional investors
The Royal Bank of Scotland discusses the development of a series of indexes called the RICI® EnhancedSM Series. These indexes aim to avoid the negative roll yield in benchmark commodity indexes with lower volatility and optimised performance
US Wrap: Deutsche offers emerging markets funds play
Deutsche Bank has launched an emerging markets note which links to two exchange-traded funds based on Brazil and China, amid a busy start to the week for the US market. The structure gives investors 100% equally weighted participation in the iShares FTSE…
US Wrap: RBC turns Japanese on long-term note
Royal Bank of Canada has launched a new principal protected note linked to three indexes, including the Nikkei 225 Japanese equity benchmark. The structure lasts six-and-a-half years and also links to the S&P 500 and Dow Jones Euro Stoxx, with equal…
Benelux flux
Cross-border Supervision
ABN Amro claims second victim in Fortis
Benelux bank Fortis today revealed a net loss of €14.1 billion for the first nine months of 2008, due mainly to its acquisition of parts of ABN Amro.
UK announces second bank rescue package
Daily news headlines
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).