ABN Amro to buy German private bank Hauck Aufhäuser Lampe for $730m

ABN Amro to buy German private bank Hauck Aufhäuser Lampe for $730m

The head office of ABN AMRO bank is seen in Amsterdam, the Netherlands May 29, 2007. REUTERS/Koen van Weel/File Photo

Dutch lender ABN Amro has agreed to buy private bank Hauck Aufhäuser Lampe (HAL) for 672 million euros ($730 million), strengthening its position as one of the top three wealth management firms in Germany.