ABN Amro takes $200 million hit on U.S. client felled by market turmoil
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AMSTERDAM (Reuters) - ABN Amro's clearing business has suffered a net loss of around $200 million (168 million pounds) after an unidentified U.S. client got into difficulties during the market turmoil sparked by the coronavirus pandemic, the Dutch bank said on Thursday.Shares in the bank fell around 5% after it said it was forced to liquidate the U.S. client's position, after the customer - which traded U.S. options and futures - failed to meet minimum risk and margin requirements. Clearing..