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Dijsselbloem puts ABN Amro sale on ice over pay hikes

Dutch Finance Minister Jeroen Dijsselbloem said Friday he was delaying a decision to sell state-owned bank ABN Amro following much-criticised reports about huge pay raises for the bank`s top management.

Infosys bags multi-million dollar deal from ABN AMRO

Infosys, a strategic partner of ABN AMRO, will deliver services across application development and maintenance, testing and product implementation, the company said in a statement.

IBM signs 10-year multi-billion cloud deal with ABN Amro

Last month, IBM said it had won a 7-year outsourcing contract from Germany`s Lufthansa worth 1 billion euros ($1.25 billion) that will see the US company take over the airline`s information technology infrastructure services division and staff.

ABN AMRO to cut 400 jobs as part of reorganization drive

Another banking major HSBC has recently said it plans to axe as many as 14,000 jobs.

RBS buys 2.5 crore shares in 19 companies for Rs 407 crore

Royal Bank of Scotland (RBS) today bought a total of 2.5 crore shares in as many as 19 companies including Adani Enterprises, HCL Infosystems and Infosys for a little over Rs 407 crore from ABN Amro Bank.

ABN AMRO to pay Rs 2.6L for seizure & sale of car without notice

ABN AMRO Bank has been directed by a consumer forum to pay Rs 2.6 lakh to a man for seizing and selling his car, bought on loan from it, without giving him notice after he failed to pay instalments for four months.

ABN Amro to target assets in euro zone: Report

ABN Amro, has promised to be a buyer of euro zone financial assets that capital-stretched banks are preparing to sell, the Financial Times reported on Monday.

RBI may hike CRR, policy rates soon: ABN Amro

A healthy 7.9 percent jump in GDP growth in Q2 FY 10 may prompt the Reserve Bank of India to hike the Cash Reserve Ratio (CRR) and key policy rates in the near future, a top banker on Wednesday said.

ABN AMRO posts first-half loss, RBS split on track

Nationalised Dutch bank ABN AMRO reported a large first-half loss on Wednesday and said the legal separation of certain assets owned by Royal Bank of Scotland is on schedule.