ABN Amro's Directors Foregoing Bonuses After Protests

Finance and Trade
31/03/2015 08:10

Six members of the managing board of ABN Amro, a major financier of the diamond industry, are to give up on their $108,000 bonus for last year after public protests. The bank was nationalized in 2008, but plans to go public again, possibly this year.
"We understand and regret the turbulence that has arisen," the board wrote in a statement. "The turbulence is detrimental to our clients, our employees and the public’s trust in ABN Amro."