Dutch banks ABN Amro, ING fall after money laundering report
LONDON, March 5 () - Dutch banks ABN AMRO and ING fell on Tuesday after a magazine report on a money laundering investigation alleged billions had been channelled through European banks, including the top three Dutch lenders.
The report in magazine De Groene Amsterdammer was part of an investigation by the Organised Crime and Corruption Reporting Project (OCCRP), which published an article on alleged money laundering through Russia'sTroika Bank on Monday.
Shares in ABN AMRO fell as much as 4.6 percent and were down 3.6 percent at 1026 GMT. ING fell 2.3 percent.
ABN Amro last month said it had stepped up its fight against money laundering and other criminal activities, booking 85 million euros in extra costs in the second quarter.
($1 = 0.8833 euros)
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