John Varley

2 Stories

Banks Go Dutch on ABN Buy

Royal Bank of Scotland consortium expected to succeed with hostile bid

(Newser) - The race to buy Dutch bank ABN Amro is in the final stage—with a consortium led by the Royal Bank of Scotland apparently on the inside track ahead of  Barclays. The consortium has already won agreement from ABN and the Dutch government, but has yet to raise the $99... More »

Euro Bank Giants to Merge

RBS, regulators may rain on Barclays-AMB AMRO parade

(Newser) - Britain's Barclays Bank and Dutch bank ABN Amro have agreed to merge, creating one of the world's largest banks. The $90 billion deal is far from a sure thing, however—it requires approval by shareholders and regulators, and a group led by Barclays' archrival, the Royal Bank of Scotland, has... More »

2 Stories