Dutch banking assets destined for Deutsche
THE Dutch government is unlikely to find an alternative to selling nationalised banking assets to Deutsche Bank before a 19 October deadline, European Commission (EC) competition watchdog Neelie Kroes said yesterday.
ABN Amro and Fortis must shed assets before the Dutch state gains EC approval to integrate the banks.
And Kroes said the chances of finding an alternative buyer for the assets, which include commercial bank HBU, were “very, very low”.