FORM
6-K
SECURITIES
AND EXCHANGE COMMISSION
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16 of
the
Securities Exchange Act of 1934
For
December 11, 2007
Commission
File Number: 001-14624
ABN
AMRO
HOLDING N.V.
(Translation
of registrant’s name into English)
Gustav
Mahlerlaan 10
1082
PP
Amsterdam
The
Netherlands
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual
reports under
cover of Form 20-F or Form 40-F.
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted
by Regulation S-T Rule 101(b)(1):
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted
by Regulation S-T Rule 101(b)(7): X
Indicate
by check mark whether the registrant by furnishing the information
contained in
this Form is also thereby furnishing the information to the Commission
pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
If
“Yes”
is marked, indicate below the file number assigned to the registrant
in
connection with Rule 12g3-2(b): 82- _____
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JOINT
PRESS RELEASE OF ABN AMRO, RBS AND
ROTHSCHILD
ABN
AMRO AND ROTHSCHILD TO END
CO-OPERATION
Amsterdam,
11 December
2007
ABN
AMRO Bank N.V. ("ABN AMRO") and
Rothschild Group
("Rothschild") have today announced their intention to discontinue ABN AMRO
Rothschild, their international equity capital markets joint venture from 31
December, 2007. ABN AMRO Rothschild was established in July
1996
as a joint vehicle for the execution
of equity and equity-linked offerings for the clients of both banks. The
business has consistently featured among the leading arrangers and underwriters
of equity capital market transactions in Europe, Asia and Australia
since its
inception.
The
decision comes after a review by
both ABN AMRO and Rothschild of their equity capital markets business objectives
following the acquisition of ABN AMRO by the consortium of the Royal Bank of
Scotland Group ("RBS"), Fortis and Banco Santander. The decision
also reflects the substantial changes in the global investment banking market
place and the evolution of the businesses of both banks in recent
years.
ABN
AMRO will continue its high quality
ECM product offering, consisting of structuring, execution
and
distribution, for both its own clients as well as RBS clients. Prospectively,
ABN AMRO will be seeking much greater leverage of its equity and equity-linked
product franchises, as it will integrate the bank’s
equity capital markets
team into RBS' Global Banking
& Markets division.
The
Rothschild equity capital markets
team will focus on reinforcing its worldwide position as the leading provider
of
independent advice and independent market intelligence together with execution
support to issuers planning
to raise equity capital via IPOs, placings and rights offerings or to tap the
equity-linked markets.
Both
banks believe that the new
arrangements will play to their respective strengths and will be more closely
aligned with the structure
of their overall businesses.
Rothschild
Group Chairman, David de
Rothschild, stated, “We are
proud of our successful eleven years of collaboration with ABN AMRO and we
have
learned much from the many transactions, both large and small, which we
have completed
together. This is a logical time for the two banks to pursue their
separate paths, although in doing so we part as firm friends. We are
excited by the potential for furthering Rothschild’s
franchise as trusted adviser in the
equity capital
markets and the new opportunities which
our chosen model will create for us”.
Wilco
Jiskoot, member of the board of
ABN AMRO stated, “The last
eleven years have proven that our co-operation with Rothschild has been very
successful. During these years Rothschild has been a great
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Press
Relations Department
Head
Office:
Gustav Mahlerlaan 10 (HQ 9140), 1082 PP Amsterdam, tel. +31
(0)20 6288900,
fax +31 (0)20 6295486
London
Office:
250 Bishopsgate, London EC2M 4AA, tel. +44 207 6788244, fax
+44 207
6788245
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partner
to ABN AMRO and many friendships have been established during this
period. The integration of ABN AMRO’s investment banking activities
with RBS is a logical moment in time to re-evaluate our cooperation. We are
fully committed to continue our equity capital markets product offering going
forward.”
Johnny
Cameron, Chief Executive, Corporate
Markets at RBS,
said, "This is consistent with our prior decision to retain Hoare
Govett. As a result of these decisions we will create a single,
integrated, wholly owned, equities platform which will give us further
opportunities to
add value for customers
worldwide.”
Although
joint new business origination
will cease on 31 December, 2007, ABN AMRO, RBS and Rothschild will be working
together closely to complete all mandates, fulfil continuing business
commitments, and ensure continuous service for ABN
AMRO Rothschild
clients subsequent to that date.
Press
Contacts
ABN
AMRO Press contact: +31 20 6288900
RBS
Press contact: Carolyn McAdam +44 131 523 2055
Rothschild
London:
Tony Alt, Adam Young +44207 2805000
Rothschild
Paris:
Sophie Javary +331 5621 5525
2
The
information contained in this report is incorporated by reference into
the
registration statements on Form S-8 with Registration Nos. 333-81400,
333-84044,
333-128621, 333-128619, 333-127660 and 333-74703, and the registration
statements on Form F-3 with Registration Nos. 333-137691 and
333-104778.
Cautionary
statement regarding forward-looking statements
This
announcement
contains forward-looking statements. Forward-looking statements
are statements
that are not historical facts, including statements about our
beliefs and
expectations. Any statement in this announcement that expresses
or implies our
intentions, beliefs, expectations or predictions (and the assumptions
underlying
them) is a forward-looking statement. These statements are
based on plans,
estimates and projections, as they are currently available to the
management of ABN AMRO Holding N.V. ("ABN AMRO"). Forward-looking
statements
therefore speak only as of the date they are made, and we take
no obligation to
update publicly any of them in light of new information or
future
events.
Forward-looking
statements involve inherent risks and uncertainties. A number
of important
factors could therefore cause actual future results to differ
materially from
those expressed or implied in any forward looking statement.
Such factors
include, without limitation, the conditions in the financial markets in
Europe, the United States, Brazil and elsewhere from which
we derive a
substantial portion of our trading revenues; potential defaults of
borrowers or trading counterparties; the implementation of
our restructuring
including the envisaged reduction in headcount; the reliability
of our risk
management policies, procedures and methods; the outcome of
ongoing criminal
investigations and other regulatory initiatives related to
compliance matters in
the United States and the nature and severity of any sanctions
imposed; and
other risks referenced in our filings with the US Securities
and Exchange
Commission (the "SEC"). For more information on these and other factors,
please refer to Part I: Item 3.D "Risk Factors" in our Annual
Report on Form
20-F filed with the SEC and to any subsequent reports furnished
or filed by us
with the SEC. The forward-looking statements contained in this
announcement are
made as of the date hereof, and the companies assume no obligation
to update any
of the forward-looking statements contained in this
announcement.
Signatures
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned,
thereunto
duly authorized.
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ABN
AMRO HOLDING N.V. |
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Date:
December 12, 2007 |
By: |
/s/
Dies Donker |
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Name: |
Dies
Donker |
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Title: |
Head
of Investor Relations
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By: |
/s/
Petri Hofste |
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Name: |
Petri
Hofste
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Title: |
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