UPDATE 1-ABN Amro clocks $200 million loss after virus turmoil slams client
Dutch bank ABN Amro
said on Thursday its clearing bank had incurred a net
loss of around $200 million in the first quarter, after it was
forced to liquidate a client’s positions amid volatility caused
by the global coronavirus outbreak.
said on Thursday its clearing bank had incurred a net
loss of around $200 million in the first quarter, after it was
forced to liquidate a client’s positions amid volatility caused
by the global coronavirus outbreak.
Posted by Reuters
