Enterprise Risk Management at ABN AMRO
|
|
ICMR HOME | Case Studies Collection
Case Details:
Case Code : ERMT-023
Case Length : 19 Pages
Period : 2003
Pub Date : 2003
Teaching Note :Not Available
Organization : ABN AMRO
Industry : Banking
Countries : Global
To download Enterprise Risk Management at ABN AMRO case study
(Case Code: ERMT-023) click on the button below, and select the case from the list of available cases:
Price:
For delivery in electronic format: Rs. 300;
For delivery through courier (within India): Rs. 300 + Rs. 25 for Shipping & Handling Charges
» Enterprise Risk Management Case Studies
» Short Case Studies
» View Detailed Pricing Info
» How To Order This Case
» Business Case Studies
» Case Studies by Area
» Case Studies by Industry
» Case Studies by Company
Please note:
This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
|
|
<< Previous
Introduction
|
Holland's leading bank, ABN AMRO and its subsidiaries operated more than 800
offices at home and another 2,600 in 75 other countries. In the US, ABN AMRO
owned Chicago-based LaSalle Bank and Standard Federal Bank, one of Michigan's
largest banks. ABN AMRO also had a large presence in Brazil (through its
ownership of Banco Real and Paraiban) and Malaysia (where it had operated for
more than 100 years). The bank was expanding its presence in the Philippines,
India, Singapore, Taiwan, and Thailand.
ABN AMRO had three major business segments: private clients and asset
management, consumer and commercial clients, and wholesale clients.
|
|
Responding to the economic recession, the bank was trimming staff at home and
abroad. It was also closing or reconfiguring about one-third of its 830 domestic
branches.
|
|
Background Note
ABN AMRO was the product of a 1991 merger between the Netherlands' two largest
banks -- Algemene Bank Nederland (ABN) and Amsterdam-Rotterdam Bank (AMRO),
respectively. ABN's origin went back to the Netherlands Trading Society, which
had been founded in 1824, to finance business ventures in the Dutch colonies, in
the East Indies. Although the firm weathered the First World War and the
Depression, the Second World War was catastrophic. Germany occupied the homeland
and Japan took over the Dutch East Indies. |
The Netherlands Trading Society never recovered, and in 1964 it merged with
Twentsche Bank (founded in 1861 as an agricultural bank) to form Algemene Bank
Nederland.
AMRO had been formed by the merger of Amsterdam Bank and Rotterdam Bank in 1964.
Founded in 1863, Rotterdam Bank financed commercial activity in the colonies
before refocusing on the shipping business through Rotterdam.
Amsterdam Bank had been founded in 1871 by several Dutch and German banks and
was the largest Dutch bank when it merged with Incasso Bank in 1948. In 1964,
the new entity added the operations of Hollandsche Bank - Unie.
Enterprise Risk Management at ABN AMRO
- Next Page>>
|
|
