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Europe's bond market losing Dutch pension fund buyers as retirement payouts shift
By Yoruk Bahceli LONDON (Reuters) -As if Europe’s cash-hungry finance ministers didn’t have enough to worry about. An overhaul of the Dutch pension system is depriving the euro zone’s $10 trillion government bond market of a key buyer of i…
Netherlands stocks lower at close of trade; AEX down 0.35%
Investing.com – Netherlands stocks were lower after the close on Wednesday, as losses in the Healthcare, Technology and Telecoms sectors led shares lower. At the close in Amsterdam, the AEX lost 0.35% to hit a new 3-months low. The best pe…
ABN AMRO Q2 profit falls 6% on lower interest income; launches €250 mln buyback
Investing.com -- ABN AMRO (AS:ABNd) reported a second-quarter net profit of €606 million, down 6% from €642 million a year earlier, citing lower deposit margins. The bank also announced a €250 million share buyback programme starting Aug.…
Deutsche Bank raises ABN Amro stock price target to EUR22 on capital return
Investing.com - Deutsche Bank raised its price target on ABN Amro (AS:ABN) (OTC:ABNRY) to EUR22.00 from EUR20.00 on Thursday, while maintaining a Hold rating on the stock. The bank cited several positive factors for ABN Amro, including tra…
Netherlands stocks higher at close of trade; AEX up 0.52%
Investing.com – Netherlands stocks were higher after the close on Thursday, as gains in the Financials, Real Estate and Oil & Gas sectors led shares higher. At the close in Amsterdam, the AEX rose 0.52%. The best performers of the session…
ABN AMRO Bank announces no stabilisation for €1bn bond offering
AMSTERDAM - ABN AMRO (AS:ABNd) Bank N.V. announced Monday that no stabilisation measures were undertaken for its €1 billion senior preferred fixed rate notes offering, according to a post-stabilisation notice issued by the bank. The announ…
World markets on oil watch as Middle East tensions flare
LONDON(Reuters) -Brent crude oil is up around 20% so far in June, and set for its biggest monthly jump since 2020 as Israel/Iran tensions flare-up. Although relatively contained, the rise has not gone unnoticed just three years after Russi…