Consob also ruled that Lodi must now make a cash offer (it had wanted to pay in shares and bonds), boosting the chances of a rival bid from ABN Amro , a Dutch bank.
Its clients include government bodies in the Netherlands and abroad, and big companies including IBM, a computer giant, and ABN AMRO, a Dutch bank.
The proposed listing of MCX, in which the parent company has a 64% stake, should make Financial Technologies even more valuable, predicts ABN Amro Broking in a recent report.
AMRO, a sprawling bank with assets in over 50 countries, is akin to a national champion.
The battle for Antonveneta started about seven months ago when ABN Amro launched a bid for the bank.
"Malaysia deserves credit for restructuring and recapitalizing its banking sector, " says Christopher Wood, a strategist for ABN Amro Asia in Hong Kong.
Through a smart bit of asset flipping, it was the only bank that profited from the ill-fated takeover of ABN Amro, a Dutch bank, in 2007.
Not on your nellie, say Elroy Dimson, Paul Marsh and Mike Staunton from London Business School (LBS), in an annual study of global investment returns sponsored by ABN AMRO, a Dutch bank, that was published last week.
On January 19th Royal Bank of Scotland's shares collapsed as the British government raised its stake and the battered lender said it could report Britain's largest-ever corporate loss after an impairment charge on its takeover of ABN AMRO, a Dutch bank.
ECONOMIST: Companies that paid too much for a competitor count the cost
In early June Barclays was reportedly drawing up contingency plans to restructure its all-paper offer for ABN Amro with a "significant" sweetener, effectively reducing the shares it would issue for the Dutch bank and replacing them with cash. (See: "Barclays Gets Creative") All-share bids are less favorable than cash offers because their value can be volatile.
You could, but only a few big ones--namely, ABN Amro, Banco Santander and HSBC--have a sizable presence in Brazil.
Swapping weapons for chocolates and charm, Flomenbaum became a frequent customer at ABN Amro bank in Antwerp.
Sir Tom admitted to MPs that his bank's much-criticised purchase of Dutch rival ABN Amro had been a "big mistake".
The first was the government's handling of the bizarre affair of Italy's central-bank governor, Antonio Fazio, who is accused of favouring a takeover bid by Banca Popolare Italiana (BPI) for Antonveneta, a larger Italian bank, over a rival bid from a Dutch bank, ABN Amro.
In January, the European Commission blocked, on competition grounds, a plan by three other Dutch banks, ABN Amro, ING and Rabobank, to help SNS with a capital investment.
SEEDS.nl is a project of Dutch bank ABN-AMRO, one of the few banks to jump into crowdfunding with both feet.
FORBES: Cracking Crowdfunding's Two Biggest Problems: Success and Profit
"Having decided not to take up the offered position in the new entity after the proposed merger of Barclays and ABN AMRO, my resignation is a logical step, " he said.
The nationalisation comes after the European Commission blocked an earlier plan that would have seen the country's other large banks, Rabobank, ING and ABN Amro, contribute capital to a so-called "bad bank" to house SNS Reaal's distressed property assets.
Rhino is accused of setting up the scheme with one of its hedge fund clients, Amro International, to profit from a 2001 private placement in Sedona.
Finally NTM relented and in 1994 sued ABN Amro, accusing it of putting out a misleading prospectus and failing to honor its obligations to bondholders.
"The banks are of the clear view that their proposals are superior for ABN Amro's shareholders and are straightforward from a shareholder, regulatory and execution perspective, " the Royal Bank consortium said in a statement Wednesday.
Fortis, a Belgo-Dutch bank overstretched by its role in acquiring ABN AMRO, is now part-owned by the Benelux governments.
In December Feigelson was wooed to ABN Amro as general counsel in charge of compliance, getting a double-digit raise and the green light to hire staff.
The two leading banks who are vying to buy ABN Amro are sitting back and waiting for the results of a raft of legal disputes on their bids to emerge.
Traders pushed up shares in Barclays on Monday as its bid for ABN Amro started too look less likely, thanks to some agitatation by a U.S. hedge fund.
That's why RBS sold off a lot of business in Asia, much of it inherited with the ABN Amro purchase, so that it could retreat to the major financial centres.
The report shone a light on the poor relations between the FSA and RBS and said chief executive Fred Goodwin's "assertive and robust" management style was flagged as a potential risk as early as 2003, four years before the disastrous ABN Amro deal.
"It is a pre-emptive move, " said Abheek Barua, an economist at ABM Amro in Mumbai.
This was initially recommended by the ABN Amro board, but they withdrew their support at the end of July to "ensure a level playing field".
And a number of other things went wrong with the bank, including its ill-conceived takeover of ABN Amro, the world's largest banking merger at the time, and its expansion into American mortgage markets.
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