ABN AMRO

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.

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.

Spain's BBVA is the international lender most exposed to Turkey, deriving a third of its pre-tax profits from a country where the currency is losing against the U.S. dollar and euro, and inflation is in double-digits, ABN AMRO analysts have said.

Greek cement maker Titan plans to raise 250 million euros ($290.05 million) from issuing new notes to refinance debt and pay back bank and other commercial loans, the company said on Monday.

Political uncertainty in Greece is the greatest concern of the country's major enterprises, while matters of funding and the constant changes in legislation are viewed as less worrying, according to an Alco survey carried out in cooperation with Fidel & Fortis management consultants.

By Corina Ruhe

After months of pressuring Greek politicians, Dutch Finance Minister Jeroen Dijsselbloem was under scrutiny himself Thursday over his handling of state-owned lender ABN Amro Group NV.

By Marcus Bensasson

The root of Greek Finance Minister Yanis Varoufakis's desperation for debt relief will be laid bare in the coming days.

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.