ABN AMRO Company Description
ABN AMRO Holding is a Dutch treat for Royal Bank of Scotland, Fortis, and Banco Santander, which bought the leading bank in the Netherlands for €71 billion in 2007 -- the largest deal in European history. The three owners carved up the bank as follows: Banco Santander laid claim to ABN AMRO's Brazilian and Italian operations, Fortis got the Dutch consumer banking arm and the asset management and private banking operations, and RBS took the North American and Asian banking and investment banking units. As part of the sale, the bank sold its LaSalle subsidiary to Bank of America and is selling Banca Antonveneta to Banca Monte dei Paschi di Siena. ABN AMRO operates some 4,000 offices in 50 countries.
View the Comprehensive Company Description for ABN AMRO
The Company Description provides a historical perspective of ABN AMRO's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of ABN AMRO's evolution in the marketplace.
