Wednesday, October 17, 2007

Goodbye ABN AMRO - Hello RBS

And so it's goodbye to ABN AMRO. The RBS consortium has taken over the Dutch bank. I first starting working at ABN in 1998 and it has been my working home for six and half of the last 9 years. There have been many highs and a few lows.

I have seen a fair few mergers in my time working for investment banks;

I worked for HSBC in the early nineties when the they merged (or took over) Midland Bank and formed Midland Global Markets

I worked for Bankers' Trust when they merged (or took over) NatWest Markets. Deutsche Bank then took over Bankers' Trust.

I worked for JP Morgan when then were bought out by Chase Manhattan

It is a funny and incestuous industry.

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