Deutsche Bank to drop 18,000 Dutch clients
Amsterdam - UPI
Deutsche Bank Nederland said it would ask 18,000 Dutch customers to find another bank so it can focus on more profitable accounts. Kees Hoving, the director of Deutsche Bank Nederland, said the bank was losing money on domestic clients that moved to the bank when it bought parts of ABN Amro in 2010. 'Dutch banks can probably serve people who only operate in the Netherlands better than us,' he said. Dutchnews.nl said Thursday that the clients would be sent a letter in a few days telling them, "Deutsche Bank is not a suitable bank for you."
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