John Hoefle – Executive Intelligence Review January 30, 2009
During the early months of 2007, the Royal Bank of Scotland was on top of the world. RBS was battling another British giant, Barclays, for control over Dutch banking giant ABN AMRO. Allied with RBS were two other large European banks, Fortis and Banco Santander, and backed by a gaggle of powerful hedge funds, the trio blew up Barclays' deal with the Dutch bank, and took it over.
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