Skip to: Content
Skip to: Site Navigation
Skip to: Search
SUNDAY, NOVEMBER 8, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

PREMIUM NEWS ARCHIVE

BANK OF AMERICA TO BUY LASALLE BANK IN ABN AMRO-BARCLAYS DEAL.(Business)

Article from: Seattle Post-Intelligencer (Seattle, WA) Article date: April 23, 2007

Byline: P-I NEWS SERVICES

AMSTERDAM, Netherlands -- ABN Amro and Barclays PLC announced today they have agreed to merge in one of the largest cross-border combinations in European banking history.

Barclays offered $49.25 for each ABN share, Friday's closing price, the banks said. As part of the deal, ABN announced it is selling its U.S. unit LaSalle Bank to Bank of America Corp. for $21 billion in cash.

The Wall Street journal reported on its Web site Sunday that the deal is worth more than $80 ...

Read full article   (with a Free Trial at HighBeam Research)
Newser gathers stories from across the web and packs what you need to know into about 120 words. Check out these stories related to your search.
Visit our grid for the latest news.

Related Newser Stories

SEC Opens ABN Amro Insider Trading Probe

European banks' transactions ahead of merger under scrutiny

Jan 23, 08 11:42 AM CST
(Newser) - The US Securities and Exchange Commission has opened an inquiry into possible insider trading surrounding last year's takeover of Dutch bank ABN Amro. Holland's Financieele Dagblad reports that Fortis, Barclays, Santander, and Royal Bank of Scotland—which eventually won the bidding—have been asked for information about trading in ABN... More »

MORE ABOUT:
insider trading • Barclays • Royal Bank of Scotland • mergers and acquisitions • SEC • Banco Santander • ABN Amro • Fortis

Feds: NY Hedge Fund Boss Funded Terror

Donations were funneled to Tamil Tigers

Oct 19, 09 1:20 AM CDT
(Newser) - A hedge-fund manager busted for insider trading has been contributing money to a Sri Lankan terrorist group, according to FBI agents. Raj Rajaratnam came under scrutiny in a federal probe into the Tamil Rehabilitation Organization, a charity which was charged with funneling money to the Liberation Tigers of Tamil Eelam,... More »

MORE ABOUT:
terrorism • tsunami • insider trading • Sri Lanka • Tamil Tigers • SEC • Raj Rajaratnam

Hedge Fund Founder Nabbed for Insider Trading

Raj Rajaratnam's $3B Galleon Group trades tech stocks

Oct 16, 09 11:03 AM CDT
(Newser) - The founder of a $3 billion hedge fund and two other financial executives have been charged with insider trading, the Business Insider reports. Raj Rajaratnam, whose Galleon Group focuses on high tech stocks, was charged with conspiracy and fraud related to trades of Hilton and Google stock, among others. Execs... More »

MORE ABOUT:
insider trading • SEC • hedge fund • conspiracy • bank fraud • criminal charges • Securities and Exchange Commission • Raj Rajaratnam • Galleon Group

 Feds Probe 
 BofA-Merrill Deal 

FBI, Justice Department investigate timing of bonus payments: source

Sep 18, 09 3:55 PM CDT
(Newser) - Bank of America's acquisition of Merrill Lynch is the focus of an ongoing investigation by the FBI and Justice Department, sources tell the Charlotte Observer, the bank's hometown paper. The SEC and the AGs of New York and North Carolina have already launched civil probes of the timing of huge... More »

MORE ABOUT:
Department of Justice • FBI • Bank of America • mergers and acquisitions • Merrill Lynch • SEC • bonuses • New York Attorney General • New York attorney general • Securities and Exchange Commission • executive bonuses • North Carolina attorney general