ABN Amro Buys German Bank Hauck & Aufhäuser From China’s Fosun

ABN Amro Bank NV agreed to buy German lender Hauck & Aufhäuser Lampe Privatbank AG from Fosun International Ltd. for €672 million , expanding the Dutch company’s reach in wealth management.

Bethmann Bank AG, ABN Amro’s private banking arm in Germany, will add €26 billion in assets under management and €2 billion in loans after the acquisition,…