ABN asset management and Investment bank business are acquired by Fortis and RBS, receptively. With ABN's subprime exposure that is subject to be the 12th in the world, the acquisition addressed today's RBS failure, whose own subprime asset is the 11th compared to peers. Who bought ABN, who die (Santander luckily got deposit based Southern American division only, Espcaped!). Lately, Lyoendel's filing bankruptcy disclosed ABN is the biggest creditor and brought EUR 3.6 bln direct loss to RBS again!!The toxic bank is surviving happily now and will be rebuilt for the Dutch governmental ambition. The timing, people and the market coincidentally created a phoenix that is supposed to die.
[ 本帖最后由 突然爱上蓝调 于 2009-1-19 21:20 编辑 ] |