Netherlands' Wellink defends position on ABN

Dutch central bank chief Nout Wellink, who expressed concerns about hedge fund TCI's push for a break-up of ABN AMRO, said in a letter published by the Wall Street Journal Europe Wednesday 7 March that his scrutiny was justified in order to ensure a sound banking system.

In the letter to the WSJ Europe, Wellink rejected criticism over his remarks, where he warned that putting pressure on a large bank such as ABN could threaten financial stability.

"We are not a country, and this is not a bank,

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: