Tag:
ABN Amro
Latest Headlines
Latest Headlines
RBS to sue Goldman Sachs?
One issue regarding the Goldman Sachs-SEC settlement is the effect it will have on would-be litigants. Many aggrieved investors--and there are many--were waiting to see the outcome, and it was thus imperative for Goldman Sachs (NYSE: GS ) to avoid admitting guilt to any fraud charges.
Goldm
RBS says suing Goldman Sachs would be premature
Royal Bank of Scotland has heard calls for it to sue Goldman Sachs ( NYSE: GS ) over $841 million in losses on CDOs ( CDO news ). RBS paid Goldman $841 million in August 2008 to settle a claim on CDSs for which ABN AMRO, which RBS had purchased, was liable. RBS says its U.S. lawyers have advis
European banks bent on more capital
Now this is eye popping: Royal Bank of Scotland has announced a $24 billion sale of stock, the biggest offering in British corporate history, according to the AP . The new capital is sorely needed to provide a cushion in the wake of extensive mortgage-related losses. The bank has said it will
China a new player in world financial services?
Perhaps it was inevitable that China would enter the financial services arena. Perhaps we'll look back some day and say the country's $3 billion investment in the Blackstone Group was the first
ALSO NOTED: Apollo to list shares on Goldman Sachs system; ABN Amro studying both bids; and much more...
Company News: > Knight Capital earnings drop 20 percent. Article > KKR mulling bid for Macy's?
RBS sweetens bid for ABN Amro
You've got to wonder about the new bid by the Royal Bank of Scotland-led consortium for ABN Amro. It said all along that LaSalle was the main prize in its efforts to buy the Dutch giant; it
SPOTLIGHT: Bank of America Victory?
A Dutch court has ruled that ABN Amro can sell its LaSalle unit to Bank of America , which is surely
ALSO NOTED: Apollo Management hires lobbyist; Citigroup to buy trading platform; and much more...
Company News: > Citigroup to buy trading platform.
Bank of America, RBS no longer talking
An ABN Amro update: It's still unclear who will emerge the victor in what would be the largest deal in
RBS ups the stakes in ABN Amro battle
The battle for Dutch financial giant ABN Amro got a bit more interesting when Royal Bank of Scotland
