Bank takeover
Abn Amro concludes acquisition from private bank HAL
The traditional Frankfurt House of Hauck Lampe has an owner from Europe again: the ABN Amro takes the opportunity to strengthen itself on the important German market.
A year after the announcement, the takeover of the private bank Hauck Haithäuser Lampe was completed by the ABN AMRO. The legal enforcement (closing) of the purchase contract concluded in May 2024 was on June 30, 2025, ABN said.
The Dutch Institute with its German branch, Bethmann Bank, significantly expands its German business with the integration of the traditional house based in Frankfurt am Main. “The takeover becomes our second largest market,” said ABN-AMRO boss Marguerite Bérard. The institute is aiming for a leading role in asset management and corporate customer business in Germany.
Together with Hauck Ahnäuser Lampe (HAL), ABN AMRO with around 2,000 employees at 18 locations in Germany and Luxembourg expanded its product and service offer for wealthy private customers, family entrepreneurs, companies, institutional customers and independent external asset managers.
Two-brand strategy on the German market
The previous brands should be preserved. ABN Amro will include the corporate customer and capital market business. The new Bethmann Hal brand will represent the joint asset management of both houses and also include business with medium -sized corporate customers.
From 2028, ABN AMRO expects the integration of the business fields of synergies in the amount of at least 60 million euros before tax. ABN-AMRO Germany boss Hans Hanegraaf said: “Our goal is to complete the integration by the end of 2026 under company law, operational and also culturally.”
The story of Hauck Aufhäuser Lampe goes back to 1796. In 2015 the conglomerate Fosun, founded by billionaire Guo Guangchang, acquired the money house. The Bankhaus Lampe was added in 2021.
dpa
Source: Stern
