ABN AMRO Gains Momentum in Germany Following the Integration of Hauck Aufhäuser Lampe (HAL)

Frankfurt am Main, June 15, 2026 - The legal merger of Hauck Aufhäuser Lampe Privatbank AG (HAL AG) into ABN AMRO Bank N.V. has been completed with effect from today. The merger of HAL’s subsidiary Lampe Asset Management GmbH will take place tomorrow, Tuesday. Following the acquisition of HAL, Germany is now the second-largest market within the ABN AMRO Group, which is pursuing a clear growth strategy in its core region of North-West Europe. ABN AMRO now also has its own branch in Luxembourg.

As announced, an eight-member management team led by Hans Hanegraaf as Chief Executive Officer (CEO) will assume overall responsibility for ABN AMRO’s 17 locations in Germany as well as for the new branch in Luxembourg.

Two-brand strategy launched

ABN AMRO Germany is now gradually implementing its previously announced two-brand strategy: Wealth Management will operate under the brand Bethmann HAL – a name that combines centuries of private banking experience and expertise. Corporate Banking and Asset Servicing will operate under the internationally established brand ABN AMRO.

Hans Hanegraaf, CEO of ABN AMRO Germany: “By bringing HAL’s activities under the ABN AMRO umbrella, we are now operating as a single bank in the market. The new ABN AMRO in Germany and Luxembourg offers our clients an expanded range of products and services, as well as greater depth and expertise in advisory services.”

Expanded range of products and services

ABN AMRO Germany, now expanded to include HAL’s operations, holds with around 2,000 employees a strong market position in the three core business areas of Wealth Management, Corporate Banking and Asset Servicing.

• With its exclusive focus on wealth management, Bethmann HAL ranks among the top three private banks in Germany. With more than €70 billion in assets under management and 17 established branches across Germany, Bethmann HAL offers a holistic advisory approach: from asset management and wealth planning to succession planning, M&A, and capital market and financing solutions. There is particular growth potential in serving entrepreneurial and SME clients, as well as in the areas of Female Finance and Next Generation. By providing comprehensive support to entrepreneurial clients in both private and business matters through integrated teams from Wealth Management and Corporate Banking, Bethmann HAL occupies a special position in the German market.

• In Corporate Banking, ABN AMRO covers the entire spectrum of corporate banking and capital markets business for institutional and corporate clients. The bank sees itself as a leading partner with long-standing expertise in the transformation of key sectors such as energy, mobility, digitalisation and defence. Together with ABN AMRO’s international network, clients receive integrated solutions ranging from loan structuring and capital market transactions to liquidity management and clearing – an area in which ABN AMRO ranks among the top 3 globally. There is a particular focus on growth among dual-client customers, who, for example, make use of services in both asset servicing and wealth management, as well as on the development of innovative products in the digital assets sector.
• ABN AMRO Asset Servicing is one of the largest custodians of financial and real assets in Germany and Luxembourg. The division is set to be developed into a key growth driver in the coming years. The bank acts not only as a custodian but also as a comprehensive service partner for additional fund-related services such as trading, securities lending, individual reporting, bridge financing and fund accounting.

The bank has set itself clearly defined growth targets in Germany and Luxembourg: by 2030, assets under management in wealth management are set to grow from the current level of more than €70 billion to around €100 billion. In asset servicing, which offers the custody of assets alongside a comprehensive range of services, assets under custody are set to rise from the current €220 billion to more than €300 billion. ABN AMRO continues to anticipate synergies from the merger of around €60 million, which are expected to be realised on a sustainable basis from 2028 onwards.

Following the merger of HAL AG into ABN AMRO, the terms of office of the HAL Executive Board members will also end by law. The former CEO of the HAL Executive Board, Michael Bentlage, will take up the role of Senior Advisor at ABN AMRO with immediate effect and will continue to support the integration process in this capacity.

ABN AMRO completed the acquisition of HAL AG on 30 June 2025. Following the legal merger, the next step will be the technical migration of HAL’s systems to ABN AMRO’s infrastructure. This process will take place in stages. First, the technical migration of Wealth Management will be completed by the end of 2026. Full operational integration, including the implementation of the final target structure, is scheduled for 2028.

ABN AMRO is a Dutch bank serving retail, corporate and private banking clients, with a focus on north-western Europe. We offer our clients a comprehensive range of products and services, as well as in-depth financial expertise and specialist knowledge across numerous industry sectors. Headquartered in Amsterdam, ABN AMRO serves around six million clients and employs more than 20,000 people worldwide. In Germany, the bank operates through ABN AMRO Bank N.V. Frankfurt Branch and offers a wide range of services in wealth management (under the Bethmann HAL brand), corporate banking and asset servicing. Following the integration of Hauck Aufhäuser Lampe Privatbank (HAL), which was acquired in 2025, ABN AMRO Bank N.V. Frankfurt Branch has, in addition to its headquarters in Frankfurt am Main, 16 further locations in key economic centres across Germany, as well as a branch in Luxembourg. ABN AMRO Germany employs around 2,000 staff.

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ABN AMRO Deutschland

Alexandra Vitt-Krauß

T: +49 69 2177-1379

M: +49 152 38 235 830

Mail: alexandra.vitt-krauss@bethmannbank.de