ABN Amro Profit Misses Estimates on Unexpected Legal Costs

Updated on
  • Regulatory levies more than doubled, including for bank tax
  • Lender still plans to pay out 50 percent of profit in 2017

ABN Amro Sees Profit Drop as Regulatory Costs Rise

ABN Amro Group NV reported a 32 percent drop in fourth-quarter profit, missing estimates as unexpected legal costs marred its comeback as a publicly traded company.

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