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Aug 11 2007, Rahul

RBS-led consortium is climbing step-by-step to ABN Amro. Shareholders in RBS voted overwhelmingly in favor of $97.2bn bid for Amro as 94.5% of RBS shareholders support the deal at an extraordinary meeting in Edinburgh.

RBS shareholders follow...

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Aug 11 2007 by Rahul0 Comments

RBS-led consortium is climbing step-by-step to ABN Amro. Shareholders in RBS voted overwhelmingly in favor of $97.2bn bid for Amro as 94.5% of RBS shareholders support the deal at an extraordinary meeting in Edinburgh.

RBS shareholders follow...

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Aug 4 2007 by Rahul0 Comments

Royal Bank of Scotland (RBS) has secured $10.4bn (£5.1bn) profit for opening six months of the year.

Bank’s operating pre-tax profit, is up 11%, of which $2.04bn (£1bn) is alone coming from its High Street outlets. RBS total income grew 8% to...

 
 
Jul 5 2007 by Rahul0 Comments

The battle for the ABN AMRO finds no end, as suitors one after the other come in fray and are forced to contemplate as to who the banking giants would merge with.

Initially, RBS-led consortium was seemed the frontrunner, but later Britain-based...

 
 
May 31 2007 by Rahul0 Comments

A consortium led by Royal Bank of Scotland raised the bid for ABN Amro, offered €71.1billion ($95.6billion), topping the Barclays Plc’s an all-share offer of 63.8 billion euros. A group will pay more than €56billion in cash, which...

 
 
May 30 2007 by Rahul0 Comments

A consortium led by Royal Bank of Scotland raised the bid for ABN Amro, offered €71.1billion ($95.6billion), topping the Barclays Plc’s an all-share offer of 63.8 billion euros. A group will pay more than €56billion in cash, which is the largest...

 
 
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Santander:

Spain’s Sergio Ramos, front, defends the ball from U.S. player Eddie Lewis during a friendly soccer match between the two national soccer teams in the Sardinero stadium in Santander, Spain, Wednesday June 4, 2008.