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Dutch bank ABN AMRO on Tuesday said it has reached an agreement to acquire leading German private bank Hauck Aufhäuser Lampe (HAL). ABN AMRO has agreed to purchase Frankfurt-based HAL from Chinese multinational Fosun International for €672 million ($731 million), the Dutch banking giant said in a press release. The transaction is expected to be completed in the first quarter of 2025. The Amsterdam-based company already owns Bethmann Bank, a leading German private equity firm. The statement said: “The combination of HAL and Bethmann Bank will create a leading private bank in Germany.” Bethmann …

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