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ABN Amro restructuring aims to boost share price and expansion plans

Following a strategic review ABN Amro Bank will restructure its business into three units focusing on client lines rather than geographic to boost share prices and expansion plans.

According to Rijkman Groenink, chairman of the managing board, the key theme in the new strategy is increased focus, with emphasis that choices will have to be made as to where to allocate capital and resources.

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