Dutch State Cuts ABN Amro Stake as Europe Moves to Exit Crisis-Era Bailouts
The Dutch government trimmed its stake in lender ABN Amro to below one-third, following in the footsteps of European states that are moving to unload holdings in banks they built during the 2008-09 global financial crisis.
The exit of crisis-era bailouts has picked up in recent years as bank stocks rallied on the back of earnings-boosting interest rates and bumper cash returns to shareholders.
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