The deal of a lifetime?

In January 2007, ABN AMRO sold its ABN AMRO Mortgage Group (a subsidiary of subsidiary LaSalle Bank) to Citigroup. Under the terms of the deal, Citigroup purchased approximately $9 billion in mortgage assets. ABN AMRO reported that it expected "a small book gain" after transaction costs; it also said that the bank's current strategy of focusing on midmarket commercial and consumer clients did not include national mortgage servicing portfolios.


Gustav Mahlerlaan 10
1082 PP Amsterdam
Phone: +31-20-628-9393
Fax: +31-20-629-9111


  • Employer Type: Private
  • Stock Symbol: Euronext
  • Stock Exchange: NYSE
  • Chairman: Arthur C. Martinez
  • 2007 Employees: 110,000

Major Office Locations

  • Avon, CO
  • Alpharetta, GA
  • Arlington Heights, IL
  • Barrington, IL
  • Baltimore, MD
  • Allen Park, MI
  • Ann Arbor, MI
  • Alma, MI
  • Adrian, MI
  • Amityville, NY
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Key Financials

  • 2007 Revenue: $20,934 million