Diamond industry lender ABN Amro staying put
Diamond industry lender ABN Amro Holding NV has been acquired by Fortis, but the company isn't getting out of the jewelry business. In fact, ABN Amro's Victor van der Kwast, speaking Tuesday afternoon at the Third International Rough Diamond Conference in Tel Aviv, said the company plans to expand into the jewelry/luxury business and into gold/precious metals. The company also has plans to expand into new markets.
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