Credit Suisse buys an ABN Amro team
Article Abstract:
Credit Suisse Private Banking (CSPB) has reached an agreement to purchase ABN Amro Holding NV's private banking operations in Spain. The acquisition price was not disclosed. CSPB is a division of Credit Suisse Group. CSPB's assets under management in Spain increases to over three billion Swiss francs (1.87 billion euros) as a result of the deal. The move coincides with the firm's expansion strategy in European markets with high potential.
Comment:
CSPB to purchase ABN Amro Holding NV's private banking operations in Spain
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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Royal Bank may sweeten NatWest bid on sell-off
Article Abstract:
Article about how Royal Bank of Scotland PLC is under more pressure to sweeten its offer for National Westminster Bank PLC, having realized the value of its existing bid diluted by another sell-off in its stock. After Royal Bank's shares decreased 2.4% Tuesday, the bank's share and loannotes offer for NatWest valued it at pounds24.7 billion (euro39.25 billion).
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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Comment about this article or add new information about this topic:
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