The old expression springs to mind … “it ain’t over until the fat lady sings“.
A group of banks led by Royal Bank of Scotland (RBS) has said it is interested in buying Dutch bank ABN Amro in a deal worth some £49bn.
The mooted offer would trump a deal that was agreed with the UK’s Barclays.
Source: BBC NEWS | Business | RBS woos ABN with £49bn bid plan
This offer is 13% higher, and includes Spain’s Santander and Belgium’s Fortis, who are proposing a deal worth 72bn euros (£49bn; $98bn), or 39 euros a share. The Barclays arrangement was $91 Bn.
Seeing this takes me to James post earlier, wherein he rightly suggests cultural, and other misfit (my words) aspects to the arrangement with Barclays that would take much time to overcome.
Whether the RBS arrangement would be better remains to be seen, but certainly RBS are experienced at rapid growth, following the successful merger with Nat West, and their general success at becoming a global Bank. I am still positively impressed to see RBS on Formula 1 cars and American TV.
Fascinating stuff.
Bankwatch 
About Banking 2.0: there is hardley a mention of the consumer in this proces. Though we are the onces that are being sold. I think we are the ‘content’ of the bank and I think we should make a difference. We have created a weblog (in Dutch :-() for consumers to unite: http://rekeninghoudersabnamro.blieb.nl
Hans-Peter … thanks for noting that blog.