ENXTAM:ABNBanks
A Look at ABN AMRO (ENXTAM:ABN) Valuation Following Sweeping Strategic Overhaul and Major Job Cuts
ABN AMRO Bank (ENXTAM:ABN) has unveiled a sweeping plan to cut 5,200 jobs by 2028, streamline its operations, and accelerate investment in digital technology. The move also includes selling its personal loan arm, Alfam, to Rabobank.
See our latest analysis for ABN AMRO Bank.
Investor enthusiasm has rallied behind ABN AMRO Bank following the strategic shake-up, with the latest share price up at €29.34 after a remarkable 15.1% one-month share price return and a 96.2% surge year-to-date. This...