c REB:Shared celebration Getting IT RIGHT Rabobank What's NewS Monthly internal. newsletter for the Central Banking Sector Issue 3 June/July 1995 The impromptu staff cocktail party to celehrate the bank's acquisition of the Swiss Banking Corporation's Dutch operation in Amsterdam began as a meeting of two very distinct groups. It ended as an ethusiastic gathering of a single team. The party was held on the very day chairman Herman Wijffels announced the ac quisition. Over the next few weeks, Rabobank equity staff will be moving to Amsterdam where the SBC unit is already based and the two groups will be forged into one integrated unit, the Rabo Effectenbank Securities bank) (REB). As the champagne flowed the new colle agues quickly started mixing. The move was welco- med by everyone - whether they'd started the day as Rabobankers or SBCers. 'I had to get used to the idea,' said one new REB staffer, 'but its always great to be part of an organization with growth prospects.' (see story on page 2) -( in brief )- FINANCIAL MARKETS - PROGRESS REPORT As financial markets become increasingly international and complex, the Utrecht team has home up with a new idea to ^eep staff from other divisions informed on developments. Every Tuesday morning ac count managers and other colleagues from corporate finance, corporate banking and operations attend the 30- minute briefing given by econ omist Hans Honing. 'They could probably get all the info I give them from the news- paper,' he says, 'but that would take a lot of time. This is really more efficiënt. What I try to do is provide an overview of macro-economic develop ments, explain exactly what is going on, and, perhaps most importantly, what we're fore- ^isting in the short to medium term.' According to Honing, account managers are most NEWS FLASH Although the official ope ning of the new private banking operation in Turnhout, Belgium is not slated until September, the office is already up and running. lts target group is high nett-worth Dutch ex- patriates. concerned about interest rates as these are of real importance to clients. The Tuesday meetings begin at 08.15 and are held in R397 - they are open to all CBS staff. THE NETHERLANDS INDEPTH The economie research depart- ment has developed a Country Profile on the Netherlands as a tooi for use in investor re lations roadshows. The aim is to provide foreign institutional investors with a background to the Dutch market. However, the 16-page, full-colour publi- cation comprising a broad range of topics, such as econ omie structure and policy, monetary policy, financial sec tor and medium-term pro spects, has proved an equally useful tooi for the interna tional network and its clients. The publication is now availa- ble from the department. Ple- ase contact Jolanda Kok on +31 (0)30 902661 for details. NEWS FLASH International chief Rik van Slingelandt has an nounced the opening of a new US operation in Atlanta, Georgia, at the end of 1995. This is the bank's fifth office in North America. The first two issues of What's NewS tested a specific concept - half of the information was in English and destined for the international network, the other half in Dutch for Utrecht-based CBS staff. Now we have had a chance to evalu- ate this approach, the genera 1 concensus is there is simply too much information relevant to all staff to continue along the original lines. From now on, What's NewS will appear in English, with brief summaries of the most important infor mation in Dutch.

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