ABN goes FIPSing crazy

Most banks call their financial institutions coverage team the FIG group, but ABN AMRO has created an even broader group called FIPS – which stands for financial institutions and public sector team. Clients range from domestic commercial and public sector banks to central banks; while the businesses run the gamut from foreign exchange and credit derivatives through to equity capital raisings. Add in insurance companies and investment management groups and that's a pretty big client b…