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Updated from 2:37 p.m. EDT
Financial stocks joined the rest of the market's tumble into the red Thursday, and among those on the dense losing side was ABN Amro (ABN Quote).
The Dutch-based bank lost 2.5% to $46.54 after its chief financial officer, Hugh Scott-Barrett, decided to resign effective Aug. 1, having refused the new position he was offered in connection with ABN's merger with Barclay's (BCS Quote). Huibert Boumeester will replace him.
The NYSE Financial Sector Index, of which ABN is a component, recently plunged 152.90 points, or 1.5%, to 9767.87. Meanwhile, the KBW Bank Index was losing 1.77 points, or 1.5%, to 116.40. ...
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