News & Media

ABN AMRO Bank N.V. (“ABN AMRO”) today announced that it has entered into an agreement with Fosun International Group (“Fosun”) to acquire Hauck Aufhäuser Lampe Privatbank AG (HAL), a leading German private bank. With the acquisition of the longestablished HAL, the Dutch bank continues its Northwest Europe strategy and in particular its growth in the German market. The acquisition makes Germany the second largest market for the Dutch banking group.

A new era is approaching with the return of Donald Trump to the White House. We are mildly optimistic about the outlook for the economy, anticipating moderate growth in Europe and the US in 2025.  However, Trump’s policy plans pose specific risks. Our recommendation: seize opportunities in equities, while maintaining a cushion of high-quality bonds.