ABN Amro's beleaguered London private client office has been hit by the departure of five wealth bankers, including the head of the business, after they quit for rival ING.

A team of five led by Syed Bashir Ahmad, head of ABN Amro's London wealth division, are set to join ING's private banking arm over the next five months, as first reported on wealth management website WealthBriefing.com.