ABN Amro shares plunge after disclosing money laundering probe

ABN Amro shares pressured by money-laundering probe

ABN Amro shares ABN, -8.

57% plunged nearly 10% in Amsterdam as the bank disclosed the Dutch public prosecutor is investigating it over money laundering prevention and the financing of terrorism. Last year, ING was fined 775 million euros over similar charges. ABN Amro said it'll cooperate fully with the investigation.

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