Overview
- The deal closing on June 30 made Germany ABN Amro’s second-largest market by assets following the acquisition of Hauck Aufhäuser Lampe
- A two-brand strategy will preserve legacy names and introduce “Bethmann HAL” for combined wealth management and mid-market corporate services
- Oliver Plaack was appointed chief commercial officer for wealth management alongside ABN Amro’s Stefan Meine and Madeleine Sander joined as finance director for the integrated unit
- ABN Amro plans to complete legal, operational and cultural integration by end-2026 and expects at least €60 million in annual pre-tax synergies from 2028
- The acquisition adds around 2,000 employees across 18 locations in Germany and Luxembourg, broadening offerings for high-net-worth individuals, families and corporate clients