Thursday, February 28, 2008

ABN Amro reveals profit leap and 1.56-billion-euro subprime hit (AFP)



An ABN Amro building is pictured in central London. Dutch bank ABN Amro reported a profits leap for 2007 owing to special factors and despite a writedown of 1.561 billion euros (2.36 billion dollars) on account of the US subprime home-loan crisis.(AFP/File/Chris Young)AFP - Dutch bank ABN Amro reported a profits leap for 2007 on Thursday owing to special factors and despite a writedown of 1.561 billion euros (2.36 billion dollars) on account of the US subprime home-loan crisis.




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