Which way next for ABN Amro?

Despite healthy profits, is Kees van Dijkhuizen doing enough to close the digital gap with ING – and what happens when the Dutch mortgage market turns? Are the chief executive and his team capable of forging a longer-term rationale for the bank?

Illustration: Kevin February

There can be few sights so evocative of how much European finance has changed in the last decade than the trading floor at ABN Amro in Amsterdam. Conceived in the early 2000s as one of the biggest trading floors in Europe, it is a vast cavern of desks and screens, presided over by a giant map of the world with the firm’s logo attached. 

Today, although far from empty, it has a dustbowl atmosphere.

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