“We are not the old ABN Amro. That was three times as big than we are now. We limit ourselves to international activities where we have a strong capability, a strong tradition and are likely to win”
“While internet companies are not a challenge for us in the short term, their impact over the longer term will be quite astonishing. If we do not take action in the near future, some banks will not be able to compete with these companies”
“We found that the big banks we had set out to disrupt are now much more open to sharing infrastructure and working with new providers, rather than seeking to own every leg of the transaction over its life cycle”