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ABN AMRO buys Lord Aussie unit

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ABN AMRO has purchased the Australian SPV administrative arm of LordSPV from Lord Securities, forming a new unit called ABN AMRO SPV Management. Previously named ABN AMRO Trustees, the new entity has retained Lord Australia’s management team.

ABN AMRO Trustees is the international arm of US-based LaSalle Bank’s Global Securitisation Trust Services (GSTS) group. LaSalle Bank is a wholly-owned subsidiary of ABN AMRO Bank NV.

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