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May 31, 2024
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rbs destroyed them in asia
They have an internship Corporate Finance in Amsterdam
rbs absorbed their asia ops
Good to know for future reference that "destroyed" is a euphemism for "absorbed or acquired operations."
haha
fuller definition would be absored or acquired operations and then turned it into even more of a shitshow.
it is so weird i cant find any info about its internship program or anything related to investment banking on their website....
ABN AMRO USA? (Originally Posted: 02/13/2014)
Anyone know anything about the IBD unit here? Know they sold off to RBS pre-crisis, but seems they're rebuilding the US operations a bit in NY. Thoughts or experiences would be helpful. Thanks
i didn't even know ABN did investment banking doesn't it go by a different name now? or isn't it owned by someone else?
Um, ABN AMRO died after the RBS / Fortis deal. Do you guys not have the ability to read news? This was a very high profile transaction and marked the end of the RBS dream...
What is left is a rump in the Netherlands that probably does only local corporate finance work.
Historically ABN was a Tier 2 European player, much like BNP Paribas, Dresdner Kleinwort etc etc.
As in it was consumed by RBS pretty much, with some businesses going to Fortis. As an independent entity only a Dutch unit survives.
RBS and Fortis over-stretched, it was 2008, the rest is history...
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