<b>Netherlands</b>

January 01, 1999

Headline: Netherlands
Source: Euromoney
Date: July 2001

Best bank
ABN AMRO

Best debt house
ABN AMRO

Best equity house
ABN AMRO

Best M&A house
ABN AMRO







Rijkman Groenink

It’s been a year of painful restructuring for ABN AMRO, since its new chairman, Rijkman Groenink, instigated a radical overhaul last May and set ambitious new performance benchmarks. On the wholesale banking side, the bank has merged its disparate investment banking businesses with its old corporate banking operations. It’s an internal merger which, so ABN AMRO insiders claim, bears comparison in scale and numbers of people affected with the merger of Chase and JP Morgan. And it’s been bloody. Following an industry-wide trend, the bank has promoted client relationship managers for the obvious industry groups – TMT, automotive, financial institutions, energy and so on – to lead its charge where product heads, or country heads would once have been to the fore.

The bank continues to struggle to make its mark in European investment banking and its results so far in 2001 have been unimpressive.

<b>Netherlands</b>

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