Souring energy loans wipe out ABN Amro's profit growth
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AMSTERDAM (Reuters) - Souring energy loans eroded ABN Amro's fourth quarter profit growth, it said on Wednesday, prompting the Dutch bank to launch another review of its trade and commodity finance operations."The offshore sector still gives us a headache, we had a serious and unexpected amount of impairments there," Chief Executive Kees van Dijkhuizen told reporters. Shares in the Dutch bank fell 5.6% by 1005 GMT, the biggest loser by far on Amsterdam's blue-chip AEX index, after ABN said net..