ABN AMRO

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European shares dip as virus fears intensify

European shares fell for the second straight session on Monday, as fears about the economic hit from the coronavirus pandemic intensified with several nations extending near-total lockdowns to curtail the spread of the flu-like disease.

The pan-European STOXX 600 index was down 0.8 per cent at 07.14 GMT, with energy, industrials and travel and leisure stocks leading declines.

Tecau-Rojer duo through to quarterfinals at ABN AMRO World Tennis Tournament

Romanian-Dutch duo Horia Tecau/Jean-Julien Rojer quickly qualified for the quarterfinals of the men's double of the ATP tennis tournament in Rotterdam - ABN AMRO World Tennis Tournament, with prizes worth 2,013,855 euro, after defeating the pair made up of Stefanos Tsitsipas (Greece) / Nenad Zimonjic (Serbia), with a score of 6-2, 6-2.

One of the Largest Dutch Banks Is under Investigation for Money Laundering

The Dutch prosecutor's office is investigating ABN Amro on suspected breaches of anti-money laundering and terrorist financing legislation, Reuters and the Associated Press reported.

The bank said it would fully cooperate with the authorities. Its shares plummeted by more than 9 percent when the stock market opened in Amsterdam.

Tennis: Grigor Dimitrov to Face Mischa Zverev in Rotterdam

The highest-ranking Bulgarian tennis player Grigor Dimitrov will play his first match at the ABN AMRO World Tennis Tournament on Wednesday.

Days after winning the Sofia Open tournament and Brisbane International and reaching the semi-final of Australian Open.

The match begins at 15:00 local time.

Bulgaria's Grigor Dimitrov Gets Off to a Difficult Start in Rotterdam

Bulgaria's top male tennis player Grigor Dimitrov had difficulties in the opening round of the ABN AMRO World Tennis Tournament in Rotterdam on Monday.

Dimitrov won against Paul-Henri Mathieu from France with 4:6, 7:6 (2), 6:2 in a match that lasted slightly over two hours, daily Dnevnik reports.

ABN AMRO pumps billions into shipping finance

ABN AMRO is pumping billions of dollars into its shipping finance business as the sector looks to recovery – just as European rivals cut their exposure due to tougher capital constraints, the Dutch state bank’s head of shipping said.

ABN AMRO has tripled its ship finance portfolio to around $7-8 billion from $2.5 billion in 2009-2010, Gust Biesbroeck told Reuters.