ABN Amro managers give up salary hikes that delayed IPO

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.

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