Barclays offers to buy unit of Dutch banking giant ING
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Barclays, the third-biggest British bank, said it had made an undisclosed offer for the wealth business of ING Securities Bank (France), a unit of Dutch banking giant ING Group.
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ING, the Dutch bank which bought Baring in 1995 for Â£1 after rogue trader Nick Leeson ran up losses of more than Â£800m, ending its use of the Baring name.
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Barclays called in two state-backed Asian financial powerhouses on Monday to strengthen its offer for ABN Amro amid a European bidding battle for the Dutch bank worth nearly 100 billion dollars.
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SINGAPORE/BEIJING  - Britain's Barclays  is in talks with the governments of China and Singapore to raise 10 billion pounds ($20.6 billion) to help fund its planned purchase of Dutch bank ABN AMRO , the BBC reported on Monday.
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Apartheid protesters forced bank out 18 years ago. Now it is in talks about buying a Â£2bn stake. Barclays is planning a major return to South Africa by buying a Â£2bn stake in the country&#39;s largest retail
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The British banking group Barclays has held talks with US rival Wells Fargo about a possible merger that would create the world's fourth largest bank.
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Britain&#39;s Barclays  has raised  its offer for ABN AMRO  to 67.5 billion euros ($93  billion) and included 37 percent in cash as it seeks to regain  the initiative in the world&#39;s biggest bank takeover battle.
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The move by the consortium of banks, which is led by the Royal Bank of Scotland Group, is intended to help it prevail in a bidding war with Barclays.
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UK lender Barclays says it is in talks with South Africa's Absa about buying a majority stake in the bank.
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Barclays raises its offer for the Dutch bank ABN Amro, after China and Singapore invest in the UK firm.
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LONDON/ZURICH  - Barclays  has not ruled out adding cash to the terms its ABN AMRO offer should it need to boost its bid to fight off a rival offer from a consortium of banks led by Royal Bank of Scotland, a source familiar with the matter said on Wednesday.
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Dutch bank ABN AMRO can go ahead with its $21 billion sale of U.S. subsidiary LaSalle Bank to Bank of America, the Dutch Supreme Court said on Friday, boosting the chance that Barclays could succeed in its all-share bid to buy ABN for 64 billion euros ($88 billion).
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Britain's Barclays  is in talks with the governments of China and Singapore to raise 10 billion pounds ($20.6 billion) to help fund its planned purchase of Dutch bank ABN AMRO , the BBC reported on Monday.
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British bank Barclays has raised its offer for ABN AMRO to 67.5 billion euros ($93 billion) and included some cash, helped by major investment from state authorities in China and Singapore.
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Dutch bank ABN AMRO can go ahead with  its $21 billion sale of U.S. subsidiary LaSalle Bank to Bank of  America, the Dutch Supreme Court said on Friday, boosting the  chance that Barclays could succeed in its all-share bid to buy  ABN for 64 billion euros ($88 billion).
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AMSTERDAM/LONDON  - ABN AMRO  said on Wednesday it would discuss with Barclays  the implications of a bid proposal this week by the consortium seeking to dislodge Barclays as ABN's preferred merger partner.
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LONDON/BEIJING  - British bank Barclays  has raised its bid for Dutch group ABN AMRO  to 67.5 billion euros ($93 billion), helped by some of the biggest ever overseas investments by China and Singapore.