The Profumo affair
The Business
26 May 2007
he board of ABN Amro must have been kicking their clogs in frustration as they watched Italy’s UniCredit announce and agree a takeover of Capitalia, a smaller domestic rival, for nearly €22bn (£15bn, $29.6bn) in just two weeks. To the great surprise of...
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Fresh blow to RBS’s ABN Amro bid over Dutch central bank fearsHELEN DUNNE
The Business
26 May 2007
THE Dutch central bank is concerned that Royal Bank of Scotland may have insufficient financial resources to support ABN Amro while the consortium splits the banking group apart. It is believed that De Nederlandsche Bank’s (DNB) concerns are proving a...
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Japan’s bank revival moves slowlyBy Yuka Hayashi
The Wall Street Journal Europe
23 May 2007
Tokyo ABOUT A YEAR AGO, Japan’s top three banks outlined ambitious plans to get back into growth mode. They had finally gotten rid of the bad-loan problems that had bogged them down for nearly a decade and were eager to boost their profitability so...
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Bank of America sues ABN Amro
The Nation
07 May 2007
Bank of America sued ABN Amro at the weekend, saying the Dutch bank’s breach of a deal to sell a Chicago-based bank would cause “irreparable damage”. Bank of America filed suit in a federal court in New York seeking an injunction barring ABN Amro from...
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