ABN Amro to cut 2,850 jobs in bid to beef up profit
Article Abstract:
While investment banks in the United States are benefiting from a series of lucrative merger and acquisition deals, European banks such as ABN AMRO Holding N.V., Deutsche Bank AG, and the Credit Suisse Group, are aiming to boost lagging profitability through job cuts and financial restructuring. Though the European banks are eventually expected to benefit from the current surge in merger and acquisition activity, securities analysts have been pleased to see the management decisions currently being undertaken.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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ABN Amro's profit before items rose 2.1% in 2002
Article Abstract:
ABN Amro Holding N.V. posted an increase of 2.1% in its profits before items for the 2002 year. The company posted 2.41 billion euros in profits before items for the year.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
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Numico holds talks on selling GNC unit
Article Abstract:
Numico N.V. is engaged in talks to sell its GNC vitamins store chain. The company is holding informal discussions with several interested parties.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
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