ABN 'restructures' corporate finance

Dutch firm, ABN AMRO, well known for its reorganizations, produces another major shake-up impacting Asia.

Just when ABN AMRO bankers thought it was safe to go back in the water, the Dutch management delivered another round of restructuring late last week. The impact will be felt in Asia, and the news will be particulary difficult for some to swallow since the firm has been on a roll in region in the past few years. ABN has won plaudit for its corporate finance strategy in Asia with key advisory roles on MA deals such as the SABMiller bid for Harbin Brewery and the San Miguel bid for National Foods.

Now, after a period of relative continuity, a new strategic reorganization has emerged from headquarters in...

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