Fortis makes bid of $1.27 billion for Turkish bank

Article Abstract:

Fortis N.V. of the Netherlands has made a bid of $1.27 billion to acquire Disbank of Turkey. The acquisition would make the merged bank the largest foreign retail bank in Turkey, opening up the market as Turkey moves into membership talks with the European Union.

Europe, Acquisitions & mergers, Turkey, Economic aspects, Mergers, acquisitions and divestments, Company acquisition/merger, Membership, Political aspects, European Union, Fortis

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ABN Amro's earnings rise by 12 percent

Article Abstract:

ABN AMRO Bank N.V. of the Netherlands posted a 12 percent increase in first quarter net profit to 1 billion Euros ($1.24 billion) from 895 million Euros last year. The banking giant is planning job cuts and is planning on outsourcing to India.

ABN AMRO Bank N.V. (Amsterdam, Netherlands), Company overview

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Barclays says it will hit profit goal

Article Abstract:

Despite a 1.3 billion pounds sterling write-down, Barclays PLC announces it will meet full-year profit expectations for 2007. Expected earnings per share are estimated at 68.8 pence.

Forecasts, trends, outlooks, Securities issued, listed, United Kingdom, Securities, Barclays PLC, Company securities, Company business forecast/projection, Company forecasts

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