blinkx

  • BUSINESS: Barclays bank has agreed merger deal with Dutch financial company ABN Amro

  • 00:00:16
  • ITN Source
    • Browse

BUSINESS: Barclays bank has agreed merger deal with Dutch financial company ABN Amro

Barclays Band has agreed a merger deal with the Dutch financial giant ABN Amro. The tie up would create the fifth largest bank in the world, and require Barclarys to move its headquarters to Holland. But major hurdles still need to be negotiated before it goes through, with the Royal Bank of Scotland considering a counter bid, and regulatory approval required in 70 countries. The deal could lead to nearly thirteen thousand job losses.

ITN Source | April 23, 2007Watch more videos from ITN Source

Tags:. .still. .lead. .move. .largest. .source











Abn   Agreed   Amro   Approval   Band   Bank   Barclays   Bid   Company   Considering   Counter   Create   Deal   Dutch   Fifth   Financial   Giant   Goes   Headquarters   Holland   Hurdles   Job   Largest   Lead   Losses   Major   Merger   Move   Nearly   Negotiated   Regulatory   Required   Royal   Scotland   Source   Still   Thirteen   Thousand   Tie