ABN Amro shed €4.5bn non-core RWAs in Q2
Bank seeks to prepare books for Basel IV
ABN Amro offloaded €4.5 billion ($5.2 billion) of non-core risk-weighted assets (RWAs) in the second quarter, as the bank sought headroom to absorb incoming Basel IV capital reforms.
RWAs tagged for wind-down at the corporate and investment bank (CIB) totalled €5.7 billion at end-June, down 44.1% from three months prior and 59% compared to the second quarter of 2020, when the restructuring plan
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