ABN AMRO Bank N.V. ABN AMRO is a leading international bank with total assets of €1,120 billion (June 2007). The bank has more than 4,500 branches in 53 countries, and has a staff of more than 107,000 full-time equivalents worldwide. ABN AMRO is listed on Euronext and the New York Stock Exchange, the Bank offers a range of products that meet the everyday financial needs of individuals. Bank's clients increasingly require a comprehensive choice of products, specialist skills and excellence of service, both locally and globally. ABN AMRO meets these demands by integrating corporate and investment banking services for our corporate and institutional clients.

Headquarters: Amsterdam, Netherlands Address: Gustav Mahlerlaan 10 1082 PP Amsterdam Phone: +31 10 241 1720 Website: www.abnamro.com

World Banks

Business and Financial News

	Citigroup will sell Citibank Privatkunden AG for $7.7bn - 06.12.2008 Banking giant Citigroup Inc. says it will sell its German retail banking operation and some of its affiliates to France's Credit Mutuel, in $7.7 billion cash deal.
	Repartition of the Global Banking System is inevitable - 05.12.2008 The financial crisis continues to storm in the global markets. This time the main victim of crisis is a banking system developed and developing countries. And experts notice, that the global banking system will undergo huge changes by 2012.
	US government puts up $300bn in Citigroup rescue - 25.11.2008 The US government pulled Citigroup back from the abyss yesterday with a comprehensive bail-out that saw taxpayers guaranteeing $306bn of risky assets and injecting $20bn of capital into the banking group.
	HSBC cuts 450 jobs in Hong Kong - 18.11.2008 HSBC was laying off 500 people in Asia, 90 percent of them in Hong Kong, in a further indication that the Asian financial community, so far relatively unscathed by mass layoffs seen on Wall Street, is being affected by the global financial crisis.