ABN Amro to Reorganize Risk Roles, Says Job Cuts Are Possible

Core Points - ABN Amro Bank NV is reorganizing its risk-related roles ahead of a strategic briefing by CEO Marguerite Berard, with potential job cuts involved [1][2] - The bank is centralizing its risk capabilities to improve client service and is implementing cost-cutting measures, including a hiring freeze and a reorganization of its corporate banking unit [2] - CEO Marguerite Berard, the first female CEO in the bank's history, is prioritizing a strategic review of the bank's activities to enhance profitability and optimize capital [3][4] - The Dutch government plans to reduce its stake in ABN Amro from 30.5% to approximately 20%, which may attract takeover interest from other lenders [5]