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Netherlands Banking News. Service for global professionals. Constantly updated news and information about Netherlands.
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Latest Netherlands Banking News

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  • Nationalized Dutch bank ABN Amro reports euro32 million loss in third quarter 25 Nov 2009 09:57 GMT
    ... ABN Amro Bank NV — the state-owned Dutch banking operations left over from the parent company's ... euro148 million, as the economy weakened. The Netherlands nationalized the Dutch banking operations of ABN ...

  • 0.6% Rise Recorded by FTSE on Friday, Commodities and Banking Stocks Lead 20 Nov 2009 20:19 GMT
    ... Recording a 0.6% rise, UK's top share index, ... of unexpected hikes in stocks, commodities and banking in particular. By 9 am, the index ... Pharmaceuticals stocks, Cable & Wireless and Royal Dutch Shell. Banks also came back with a ...

  • Dutch give ABN Amro billions in new bailout 19 Nov 2009 16:10 GMT
    ... In order to obtain approval from the EU Commission ... has agreed to sell ABN's important commercial banking business unit HBU to Deutsche Bank for ... if the deal is scrapped. Combining the Dutch banking operations of Fortis and ABN will ...

  • EU clears government bailouts for ING and KBC after banks agree to shed operations 18 Nov 2009 12:40 GMT
    ... - European Union regulators on Wednesday approved Dutch and Belgian state bailouts for ING and ... bank to step up competition in the Netherlands in return for euro10 billion ($15 billion) ... risk. It plans to divest a private banking unit that does not operate under the ...

  • The Trouble With Political Banking 24 Nov 2009 16:35 GMT
    ... people during a recession. Welcome to political banking. A year ago, governments stepped in to rescue banks that were teetering on the edge of ... the UK, US, Germany, France and the Netherlands to be subjected to an increasing barrage ...

  • UPDATE 2-Bankers say crisis lessons must be taken to heart 20 Nov 2009 13:48 GMT
    ... By Edward Taylor and Sakari Suoninen FRANKFURT, Nov 20 ... just implement it,' he told a Frankfurt banking conference. 'It is very important for us ... much progress identifying financial bubbles since the Dutch tulip crisis,' Ackermann said, referring to the ...

  • UPDATE 1-ECB's Wellink says banks should be allowed to fail 19 Nov 2009 21:10 GMT
    ... fail * Wants more intervention tools for Dutch central bank (Adds Wellink quotes, detail, background) ... European Commission unveiled plans to create a banking super-watchdog, a pan-European supervisor, and a separate ... was not able to prevent it. The Netherlands announced another 3 billion euro capital injection ...

  • Trichet warns banks risk addiction to support 20 Nov 2009 14:15 GMT
    ... FRANKFURT (Reuters) - Banks risk becoming addicted to ... of the ECB warned at a Frankfurt banking conference on Friday. Financiers from the head ... much progress identifying financial bubbles since the Dutch tulip crisis," Ackermann said, referring to the ...

  • Punitive Kroes puts Europe's banks on back foot 19 Nov 2009 18:15 GMT
    ... Nov. 19, 2009 1:00PM EST urope's bailed-out banks face a tougher task than U.S. peers ... a bad situation worse, harming consumers, the banking industry and the economy at large,” says ... countries such as Germany, Austria, Ireland, the Netherlands and Belgium, also spread like wildfire across ...

  • Bankers say crisis lessons must be taken to heart 20 Nov 2009 13:23 GMT
    ... FRANKFURT (Reuters) - Bankers and regulators should learn ... just implement it," he told a Frankfurt banking conference. "It is very important for us ... much progress identifying financial bubbles since the Dutch tulip crisis," Ackermann said, referring to the ...

  • ECB's Wellink says banks should be allowed to fail 19 Nov 2009 23:42 GMT
    ... European Commission unveiled plans to create a banking super-watchdog, a pan-European supervisor, and a separate ... supervisor. [ Wellink, who also heads the Dutch central bank (DNB), also said the Dutch ... was not able to prevent it. The Netherlands announced another 3 billion euro capital injection ...

  • EU clears government help for ING and KBC after banks shed operations 18 Nov 2009 11:17 GMT
    ... - European Union regulators on Wednesday approved Dutch and Belgian state bailouts for ING and KBC banks after both agreed to reduce operations to ... bank to step up competition in the Netherlands in return for euro10 billion ($15 billion) ...

  • New Worm Attacks iPhones, Targets Mobile Banking 23 Nov 2009 16:13 GMT
    ... rick-rolled owners of infected iPhones, the new Dutch variant targets customers of the bank ING. ... safe, even if you are in the Netherlands. This is because, like the Ikee hack ... forget, you'll also need to live in Holland and to be a customer of the ...

  • FTSE breaks losing streak; banks, commods surge 23 Nov 2009 19:01 GMT
    ... * Banks rally as risk appetite returns * Mining, ... a four-day losing streak, with commodity and banking stocks rallying after comments by a senior ... from the weaker dollar. BP , Royal Dutch Shell and BG Group added ...

  • UPDATE 4-Dutch govt to inject 3 bln euros into ABN AMRO 19 Nov 2009 17:36 GMT
    ... AMSTERDAM/THE HAGUE, Nov 19 (Reuters) - The Dutch government said it would have to inject ... to the budget. The ministry said Statistics Netherlands, however, may estimate the infusion would raise ... to diversify its revenues away from investment banking, after buying a stake in Deutsche Postbank ...


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