ABN Amro Earnings Climb 46 Percent in Q2 - 2003-08-07
ABN Amro, the Netherlands' largest bank, posted a 46 percent increase in second-quarter earnings, saying its corporate and investment banking business had returned to profit and its U.S. mortgage business continued to grow quickly.

Net profit was euro782 million ($887.3 million), for the April June period, up from euro534 million in the second quarter of 2002.
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New Freddie Mac CEO Promises to Fix Mortgage Giant's Problems - 2003-08-07
Freddie Mac's new CEO, dogged by questions concerning his role in transactions that brought accounting and management turmoil to the mortgage finance giant, is promising to address the company's financial reporting and change the culture of secrecy at the top.

Gregory Parseghian, who became chief executive and president after the government-sponsored company ousted three top executives in early June.
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