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Article: Dutch central bank wary of ABN sell-offSHAKERSMARKETPLACE by Bloomberg
- Article from:
- International Herald Tribune
- Article date:
- February 26, 2007
- Author:
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Fred Pals
International Herald Tribune
02-26-2007
Arnout Wellink, a member of the European Central Bank council, said the call by the hedge fund TCI Fund Management to break up ABN AMRO Holding, the largest Dutch bank, is a ''bridge too far.''The Netherlands Central Bank is ''closely'' following developments regarding TCI and ABN AMRO, Wellink said. A Dutch central bank spokesman, Tobias Oudejans, confirmed comments that Wellink had made during an interview that appeared in the newspaper NRC Handelsblad on Saturday. Wellink is president of the Dutch central bank.''We won't let it happen that the solidity of the financial world is affected,'' Wellink said. ''If ABN AMRO, for example, sells ...