ABN AMRO to acquire German Private Bank HAL for €672m to bolster position in wealth management
ABN AMRO has announced the acquisition of Hauck Aufhäuser Lampe (HAL), a prominent German private bank, from Fosun International for EUR 672 million. This strategic move significantly enhances Bethmann Bank, ABN AMRO’s private banking arm in Germany, positioning it as one of the leading banking service providers for affluent clients and institutions in the region. […]