ABN Amro Bank NV said it’s starting a 500 million-euro buyback ($571 million) after fourth quarter profit jumped, joining peers in pledging higher returns as the European banking industry rebounds from the pandemic.
Posts published by “Nicholas Comfort”
Several European banks are targeting carbon-neutrality by the middle of the century without having a plan to cut their exposures to polluting industries by 2030, according to the region’s top watchdog.
ING Groep NV will take a 180 million-euro ($210 million) charge in the third quarter to compensate Dutch clients who paid too much interest on revolving consumer loans.