ABN Amro Posts First Loss Since 2013 as Virus Provisions Jump

Bloomberg | May 13, 2020 at 5:15 AM
  • ABN Amro Bank NV reported its first quarterly loss since 2013 as the Dutch lender set aside 1.1 billion euros ($1.2 billion) to cover for soured loans caused by the Covid-19 crisis, its oil investments and a trading loss.