{"id":1194,"date":"2003-09-25T00:00:00","date_gmt":"2003-09-25T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"abn-sells-us-arm-for-250m","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2003\/abn-sells-us-arm-for-250m.html","title":{"rendered":"ABN sells US arm for $250m"},"content":{"rendered":"<p>ABN AMRO, the Dutch banking group, has sold one of its hedge fund servicing arms in the US for $250 million (150.6 million) to Swiss- owned UBS.<\/p>\n<p>  The prime brokerage business provides securities clearing, funding, custody and other services to US managers.<\/p>\n<p>  It was not seen as core to ABN&#8217;s global strategy of servicing cross-border international clients.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ABN AMRO, the Dutch banking group, has sold one of its hedge fund servicing arms in the US for $250 million (150.6 million) to Swiss- owned UBS. The prime brokerage business provides securities clearing, funding, custody and other services to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1194","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/1194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=1194"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/1194\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=1194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=1194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=1194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}