ABN AMRO ET KPN LAUNCH AN INTERNET GATEWAY FOR FINANCIAL SERVICES.

KPN, the Dutch telecommunications operator, and ABN Amro Bank announced on 18 July that they are jointly launching Money Planet. Money Planet is an internet gateway providing financial services on a European level, in which both partners will be investing a total of Euro 150-200 million over two years, and in which they will each hold 50% of the shares. It will first be launched in the Netherlands, Germany and Belgium. Money Planet will offer a full range of financial products and services which will be integrated in...

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