Sentence examples for amro from inspiring English sources

ABN Amro looks set to win its prize despite the resistance of Antonio Fazio, the governor of the Bank of Italy, who has blocked foreign attempts to buy domestic banks throughout his 13-year tenure.

ABN Amro of the Netherlands and Britain's Abbey National have already admitted to chunky exposures.

Behind the scenes, however, he intervened blatantly again and again to favour rival Italian bids.This was especially the case in the battle between the poorly capitalised Banca Popolare Italiana (BPI) and ABN Amro to win control of Banca Antonveneta, Italy's ninth-biggest bank.

THE battle for ABN AMRO may result in the biggest takeover in banking history.

Royal Bank of Scotland has kept Linklaters, a British firm, busy well into this year working on last year's €71 billion ($99 billion) takeover of ABN AMRO, a Dutch bank.

Much of this consisted of accounting write-downs of goodwill, resulting from the bank's disastrous participation in the 2007 takeover of ABN Amro, a Dutch bank, but it also included a loss of £7 billion-8 billion in 2008.More important still, something must be done to deal with the credit drought.

George Best Airport in Belfast would be another candidate, and while it's difficult to calculate a current value it was sold to ABN Amro in 2008 for £132.5m.

After ABN Amro announced in March that it would bid for Antonveneta, BPI raised its small stake in the bank to 29% in several steps that involved allegedly illegal financial manoeuvres, now the subject of investigation.

Yet the growing scandal over the contested bids for Banca Antonveneta by Banca Popolare Italiana (BPI and ABN Amroo, a Dutch bank, shows that this opportunity was instead comprehensively missed.In the first weeks after the Parmalat scandal erupted, reforms were introduced at surprising speed.

In 2006 staff at ABN AMRO, a Dutch bank, were put under house arrest after the firm was blamed for foreign-exchange losses it had run up (though a subsequent report by government inspectors held the central bank responsible).

Provisions against loans, which are lower than average, are one issue; if BPI's were adjusted to the level of, for example, Capitalia, a large Italian bank in which ABN Amro has a 9% stake, its net assets would fall by €337m.