ABN Amro Bank NV will cut its investment bank by about a third and shut down lending outside of Europe as the Dutch bank tries to turn around business hit hard by the market chaos caused by the coronavirus crisis. ABN Amro will stop providing corporate finance outside Europe and exit trade and commodity financing altogether, the Dutch bank said on Wednesday. As many as 800 jobs could be lost as the investment bank pulls back from activities that currently bring in about 45% of client loans. Nick Note: Ring ring goes the phone…. Yes John…. Hey that was a great call on gold and silver yesterday! John i am busy what do you want. Well i have a deal for you…… NO THANKS!! ….. John says you have not heard my deal yet……. I am sure its sleazy John i know how you operate. John says listen me and my teams are available… I said you mean you got fired after the loses you booked at Arno…… John says Look no one say that coming…….. REALLY JOHN! …. He then says none can trade your dream’s…… John what do you want? We are starting our own firm… we have financing and I was wondering if your interested in advising our FUND…No JOHN NO JOHN NO…. and then i hear him say YOUR CRAZY man this market will recover…… SO why call me again John? blah blah balh blah…bye John send me a email when it happens… Click goes the phone!