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Rijkman Groenink
Rijkman Willem Johan Groenink (born 25 August 1949 in Den Helder) is a Dutch banker. He is best known as the CEO of the Dutch bank ABN AMRO at the time that the bank was sold to a consortium of banks. The consortium was led by the Royal Bank of Scotland, Fortis and Banco Santander in 2007. Early career Groenink worked for the bank for 30 years. He studied law at the Utrecht University and has also a Diploma in Business Administration (DipBA) from the Manchester Business School. In 1974 he joined the bank's predecessor AMRO Bank (Amsterdam-Rotterdam Bank) and he made a quick career within the bank. In 1988 he became a member of the board of directors of the AMRO bank and when the Amro merged with the Algemene Bank Nederland (ABN) in 1990 Groenink became a member of the board of the new group ABN AMRO. In the group's board Groenink was responsible for the division the Netherlands. In May 2001 Groenink was appointed as chair of the board as successor of Jan Kalff. Problems ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Den Helder
Den Helder () is a municipality and a city in the Netherlands, in the province of North Holland. Den Helder occupies the northernmost point of the North Holland peninsula. It is home to the country's main naval base. From here the Royal TESO ferryboat service operates the transportation link between Den Helder and the nearby Dutch Wadden island of Texel to the north. Etymology Before the year 1928 the official name of Den Helder was Helder. The origin of the name Helder is not entirely clear. The name Helder may have come from ''Helle/Helde'', which means "hill" or "hilly grounds", or from ''Helre'', which means a sandy ridge. Another explanation is that the name derived from ''Helsdeur'' (Hell's Door), likely because in the water between Den Helder and Texel (called Marsdiep) the current was so strong that many ships were lost. History Huisduinen was the original older part of the city, whereas Helder itself was a nearby smaller hamlet. When a harbour was built near Hel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regulation
Regulation is the management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context. For example: * in biology, gene regulation and metabolic regulation allow living organisms to adapt to their environment and maintain homeostasis; * in government, typically regulation means stipulations of the delegated legislation which is drafted by subject-matter experts to enforce primary legislation; * in business, industry self-regulation occurs through self-regulatory organizations and trade associations which allow industries to set and enforce rules with less government involvement; and, * in psychology, self-regulation theory is the study of how individuals regulate their thoughts and behaviors to reach goals. Social Regulation in the social, political, psychological, and economic domains can take many forms: legal restriction ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Golden Handshake
A golden handshake is a clause in an executive employment contract that provides the executive with a significant severance package in the case that the executive loses their job through firing, restructuring, or even scheduled retirement. This can be in the form of cash, equity, and other benefits, and is often accompanied by an accelerated vesting of stock options. According to Investopedia, a golden handshake is similar to, but more generous than a golden parachute because it not only provides monetary compensation and/or stock options at the termination of employment, but also includes the same severance packages executives would get at retirement. The term originated in Britain in the mid-1960s. It was coined by the city editor of the ''Daily Express'', Frederick Ellis. It later gained currency in New Zealand in the late 1990s over the controversial departures of various state sector executives. "Golden handshakes" are typically offered only to high-ranking executives by major ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bankers' Bonuses
Bankers' bonuses are traditionally paid or awarded to some workers in the finance industry at the end of the bank's financial year. They are intended to reward employee behavior during that year that has increased the profits of the bank or some relevant part of its business, as shown by the annual accounts. The bonus culture is usually associated with the front office or investment banking divisions (corporate finance, sales and trading, research) of banks. Although calculated in respect of past service, payment of all or part of a bonus may be deferred and made contingent on subsequent events, such as future profitability or continuing employment; this is especially appropriate if the business done is of a kind which cannot be reliably valued at the end of a year. Range and terms issued Individual bonuses can range from a few thousand to tens of millions of dollars, pounds or euros, payable in cash or less obvious forms including pension funds, shares, options, profit-shares an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Late-2000s Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Belgium
Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to the southwest, and the North Sea to the northwest. It covers an area of and has a population of more than 11.5 million, making it the 22nd most densely populated country in the world and the 6th most densely populated country in Europe, with a density of . Belgium is part of an area known as the Low Countries, historically a somewhat larger region than the Benelux group of states, as it also included parts of northern France. The capital and largest city is Brussels; other major cities are Antwerp, Ghent, Charleroi, Liège, Bruges, Namur, and Leuven. Belgium is a sovereign state and a federal constitutional monarchy with a parliamentary system. Its institutional organization is complex and is structured on both regional ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asset Management
Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings or equipment) and to intangible assets (such as human capital, intellectual property, goodwill or financial assets). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks, and performance attributes). The term is commonly used in the financial sector to describe people and companies who manage investments on behalf of others. Those include, for example, investment managers that manage the assets of a pension fund. It is also increasingly used in both the business world and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance, and sustainability. IS ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Banking
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term commercial bank is used for a ''normal'' bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks to capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly with deposits and loans from co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spain
, image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , image_map = , map_caption = , image_map2 = , capital = Madrid , coordinates = , largest_city = Madrid , languages_type = Official language , languages = Spanish language, Spanish , ethnic_groups = , ethnic_groups_year = , ethnic_groups_ref = , religion = , religion_ref = , religion_year = 2020 , demonym = , government_type = Unitary state, Unitary Parliamentary system, parliamentary constitutional monarchy , leader_title1 = Monarchy of Spain, Monarch , leader_name1 = Felipe VI , leader_title2 = Prime Minister of Spain ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco Real
{{Infobox company , name = Banco Real , logo = Banco Real.svg , trade_name = Banco ABN Amro Real S.A. , type = S.A. , predecessor = Banco da Lavoura , founded = {{Start date, 1971, 03, 01, df=y in São Paulo, Brazil , founder = Aloysio de Andrade Faria , defunct = {{End date, 2010, 11, 04, df=y , fate = Acquired by Santander Brasil , successor = Santander Brasil , hq_location = São Paulo, Brazil , area_served = Whole of Brazil , key_people = Fabio Barbosa (CEO) , products = Bank services , production_year = , brands = , services = , revenue = {{increase R$ 14.7 billion , revenue_year = 2007 , net_income = {{increase R$ 1.6 billion , net_income_year = 2007 , assets = {{increase R$ 90.2 billion , assets_year = 2007 , num_employees = 33,202 , num_employees_year = 2008 , parent = {{Plainlist, * Conglomerado Alfa (1971–1998) * ABN AMRO (1998–2007) * Santander Group (2007–2010) , website = {{URL, http://www.real.com.br/{{Dead link, date=Septem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Antonveneta
Banca Antonveneta S.p.A. was an Italian bank based in Padua, Italy. The bank was absorbed into Banca Monte dei Paschi di Siena in 2013. In 2008, it was the 9th largest banking group in Italy in terms of customer loans and the 8th largest in terms of total assets, with 1,000 branches, 10,800 employees and €50bn in assets. The bank only operates in the fragmented Italian market, where it has a market share of roughly 3%, as the 6th largest bank at that time. More precisely, the bank had 8% market share in Veneto, 7% in Friuli, 6% in Sicily and 3% in both Lazio and Emilia Romagna. It has a focus on the wealthy Northeast of the country with 6% market share and 600 branches. Eighty-six percent of its clients are retail clients, accounting for 58% of assets, most of which are owned by affluent and private clients, 12% corporate, accounting for 42% of assets, and 2% institutional. History Banca Antoniana Popolare Veneta was created by the merger in 1996 of two banks, Banca Antoniana ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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