ABN Amro NV, the Dutch bank at the center of a $100 billion takeover fight, has no plans to fire Chief Executive Rijkman Groenink, the company said Friday, though his recent decisions have been called into question from all sides.
First, shareholders at the company’s annual meeting last week slammed Groenink’s decision to back a proposed takeover offer from Barclays PLC worth around $91.2 billion in the face of a higher prospective offer from a group led by Royal Bank of Scotland PLC worth $98.5 billion.