Barclays merger to create fifth largest banking empire

Barclays and Dutch group ABN Amro said today they had agreed to merge in a deal set to create the world’s fifth largest banking group.

Barclays merger to create fifth largest banking empire
Mon, 23 Apr, 2007 - 08:11
1

Barclays and Dutch group ABN Amro said today they had agreed to merge in a deal set to create the world’s fifth largest banking group.

The tie-up will see Barclays shareholders own a 52% stake in the new business, which will be called Barclays but headquartered in Amsterdam.

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