Monday, May 28, 2007

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... read more...

Fresh blow to RBS’s ABN Amro bid over Dutch central bank fears
HELEN 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... read more...

Wednesday, May 23, 2007



Japan’s bank revival moves slowly
By 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... read more...

Thursday, May 10, 2007

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... read more...