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Empresas y finanzas

ABN Amro managers give up salary hikes that delayed IPO


    AMSTERDAM (Reuters) - ABN Amro [ABRGPA.UL] managers will give up pay rises after a dispute over executive salaries delayed the privatization of the bank, the bank said on Sunday.

    In a statement, the managers said they were "putting the interests of the bank and the public first".

    On Friday, Finance Minister Jeroen Dijsselbloem said he was delaying a decision on ABN Amro's privatization because of the outcry the pay raise had caused.

    ABN Amro was nationalized during the financial crisis of 2008.

    (Reporting By Toby Sterling)