The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64 - Financial service activities, except insurance and pension funding
400 jobs Number of planned job creations
Announcement Date
13 February 2019
Employment effect (start)
13 February 2019
Foreseen end date
Description
Dutch bank ABN Amro has announced plans to create 400 new positions. The bank is investing €85 million and employing staff in order to combat money laundering. According to the source, in some client files important information is missing. Research has found that about €16 billion are laundered every year in the Netherlands. Since 2013, ABN Amro has tripled its number of employees involved in fighting money laundering to about 1,000 full time jobs.
Previous restructurings took place in 2018 (250 jobs lost) and 2016 (2,475 jobs lost).
Eurofound (2019), ABN Amro, Business expansion in Netherlands, factsheet number 96729, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96729.
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