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ABN AMRO
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===Dutch operations restructuring=== [[File:Oval Tower ABN AMRO.jpg|thumb|{{ill|Oval Tower|nl}} next to [[Johan Cruyff Arena]], Amsterdam, with ABN AMRO logo, 2013]] [[File:Rotterdam - ABN Amro.jpg|thumb|ABN AMRO building in Rotterdam]] [[File:Foppingadreef 22.jpg|thumb|The bank plans to move most of its central functions back in 2025 to the former AMRO head office in [[Amsterdam-Zuidoost]], known as "De Fop"<ref>{{cite web |website=Amsterdam Zuidas |title='Founding father' ABN AMRO comes and goes |date=1 December 2020 |url=https://zuidas.nl/en/blog/2020/12/01/founding-father-abn-amro-comes-and-goes/ |access-date=2022-10-02 |archive-date=2022-10-02 |archive-url=https://web.archive.org/web/20221002170402/https://zuidas.nl/en/blog/2020/12/01/founding-father-abn-amro-comes-and-goes/ |url-status=live }}</ref>]] The Dutch government had obtained full control of all Fortis operations in the Netherlands, including those parts of ABN-AMRO then belonging to Fortis, at a price of β¬16.8bn.<ref name="nrc">{{cite news| title=Dutch government nationalises Fortis and ABN Amro| url=http://vorige.nrc.nl/international/article2008873.ece| work=[[NRC Handelsblad]]| publisher=nrc.nl| date=3 October 2008| access-date=2013-02-19| archive-url=https://web.archive.org/web/20130606113156/http://vorige.nrc.nl/international/article2008873.ece| archive-date=6 June 2013}}</ref> The government and the [[De Nederlandsche Bank]] president have announced the merger of Dutch Fortis and ABN AMRO parts will proceed while the bank is in state ownership. This was completed in July 2010, when Fortis operations in the Netherlands were rebranded ABN AMRO.<ref name="merger">{{cite press release |title=Completion of ABN AMRO Bank and Fortis Bank Nederland legal merger |url=http://www.abnamro.com/en/press-room/press-release-archive/2010/Completion_of_legal_merger.html |publisher=ABN AMRO |date=30 June 2010 |access-date=2013-02-19 |archive-date=2012-11-30 |archive-url=https://web.archive.org/web/20121130005352/http://www.abnamro.com/en/press-room/press-release-archive/2010/Completion_of_legal_merger.html |url-status=live}}</ref> In November 2008, a Belgian court dismissed a suit by shareholders of Fortis objecting to the Belgian government's handling of the Fortis/ABN AMRO transaction and subsequent break-up.<ref name="usatoday">{{cite news| title=Belgian court rejects appeal against Fortis sale| url=http://usatoday30.usatoday.com/money/economy/2008-11-18-3626940092_x.htm| work=[[USA Today]]| publisher=USAtoday.com| author=Aiofe White| agency=[[Associated Press]]| date=18 November 2008| access-date=2013-02-19| archive-date=2015-04-04| archive-url=https://web.archive.org/web/20150404120054/http://usatoday30.usatoday.com/money/economy/2008-11-18-3626940092_x.htm| url-status=live}}</ref> The Dutch government appointed former Dutch finance minister [[Gerrit Zalm]] as [[CEO]] to restructure and stabilise the bank, and in February 2010 the assets it owned were legally demerged from those owned by RBS.<ref name="demerger">{{cite press release| title=ABN AMRO completes legal demerger| url=http://www.abnamro.com/en/newsroom/archive/press-release-archive/2010/ABN-AMRO-completes-legal-demerger.html |website=ABN AMRO| date=8 February 2010| access-date=2013-02-19| archive-date=2015-04-07 | archive-url=https://web.archive.org/web/20150407143345/http://www.abnamro.com/en/newsroom/archive/press-release-archive/2010/ABN-AMRO-completes-legal-demerger.html| url-status=live}}</ref> This demerger created two separate organisations, ABN AMRO Bank N.V. and The Royal Bank of Scotland N.V.<ref name="renaming">{{cite press release| url=http://files.shareholder.com/downloads/ABN/846756220x0x349284/d539e5bf-f99e-446e-b617-1e650cbe9aec/ABN_News_2010_2_6_language-en.pdf| title=ABN AMRO Group announces the legal renaming of ABN AMRO Bank N.V. to The Royal Bank of Scotland N.V.| publisher=RBS| date=6 February 2010| access-date=2013-02-19| archive-date=2011-10-01| archive-url=https://web.archive.org/web/20111001135808/http://files.shareholder.com/downloads/ABN/846756220x0x349284/d539e5bf-f99e-446e-b617-1e650cbe9aec/ABN_News_2010_2_6_language-en.pdf}}</ref><ref name="split">{{cite press release|title=Split into the new ABN AMRO Bank and RBS N.V. in the 1st quarter of 2010|url=https://www.abnamro.com/en/press-room/press-release-archive/2009/Split-into-the-new-ABN-AMRO-Bank-NV-and-RBS-NV-in-the-1st-quarter-of-2010.html|publisher=ABN AMRO|date=7 October 2009|access-date=2013-02-19|archive-date=2021-05-27|archive-url=https://web.archive.org/web/20210527105719/https://www.abnamro.com/en/press-room/press-release-archive/2009/Split-into-the-new-ABN-AMRO-Bank-NV-and-RBS-NV-in-the-1st-quarter-of-2010.html|url-status=live}}</ref> The former was merged with ABN AMRO Private Banking, Fortis Bank Nederland, the private bank [[MeesPierson]] (formerly owned by the original ABN AMRO and Fortis) and the diamond bank International Diamond & Jewelry Group to create [[ABN AMRO Group|ABN AMRO Group N.V.]], with the Fortis name being dropped on 1 July 2010. The remaining parts of the original ABN AMRO still owned by The Royal Bank of Scotland N.V., meanwhile, were renamed, sold or closed.<ref name="USrenaming">{{cite web| title=FAQs: ABN AMRO Bank N.V. legal entity renaming in the US| url=http://gbm.rbs.com/docs/gbm/locations/united-states/USA_FAQ.pdf| publisher=Royal Bank of Scotland| date=6 February 2010| access-date=2013-02-19| archive-date=2013-06-06| archive-url=https://web.archive.org/web/20130606101931/http://gbm.rbs.com/docs/gbm/locations/united-states/USA_FAQ.pdf| url-status=live}}</ref> As part of the agreement with the [[European Commission]] on state aid in the restructuring, ABN AMRO sold [[Hollandsche Bank-Unie]] to [[Deutsche Bank]] in April 2010, together with another subsidiary, IFN Finance.
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