Rbs-Backed Team Wins Its Fight for Dutch Bank Abn ; Banking

Summary


A Royal Bank of Scotland-led team last night clinched victory in the six-month takeover battle for Dutch bank ABN Amro.

The RBS consortium, which also includes Belgo-Dutch bank Fortis and Spain's Santander, now faces the the task of breaking up ABN after rival Barclays withdrew from the race on Friday.

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Extract


Rbs-Backed Team Wins Its Fight for Dutch Bank Abn ; Banking

The break-up of ABN will involve 4,500 branches across 53 countries and unraveling businesses ranging from cash management operations in Asia to ...

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