Bank of America shelves ABN AMRO lawsuit
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Bank of America Corp  has shelved plans to take ABN AMRO NV  to court, preferring to wait until the Dutch Supreme Court rules on the Dutch bank's sale of its U.S. unit, a Bank of America spokesman said on Friday.
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AMSTERDAM/LONDON  - A consortium led by Royal Bank of Scotland unveiled a 71.1 billion euro ($95.6 billion) bid for ABN AMRO that included its disputed U.S. bank and a higher cash component than indicated.
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The ABN Amro bid battle takes a new twist after a top lawyer says the Dutch bank can sell its US unit without a shareholder vote.
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ABN AMRO&#39;s sale of U.S. subsidiary  LaSalle does not need shareholders&#39; approval, a law professor  advising the Dutch Supreme Court said on Tuesday, raising the  chances of Barclays taking over the Dutch bank.
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LONDON/BEIJING  - British bank Barclays  raised its bid for Dutch group ABN AMRO  to 67.5 billion euros ($93 billion) on Monday, helped by some of the biggest ever overseas investments by China and Singapore.
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AMSTERDAM: The Netherlandsâ biggest bank ABN AMRO announced it was cutting more than 4,000 back office and information technology staff on Thursday as it aims to bring its cost base in line with its competitors.
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Britain's Barclays Plc  said on  Friday a U.S. court had dismissed claims against the bank in a  class action suit relating to fallen energy giant Enron.
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A federal judge in New York dismissed a human rights suit yesterday against 35 major corporations that did business in South Africa under apartheid, dealing a blow to rights lawyers who have
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Biovail Corp  has agreed to drop a former Banc of America Securities analyst and the bank itself as defendants in a lawsuit accusing nearly two dozen parties of conspiring to drive down its stock price, the New York Post reported in its online edition on Monday.
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Deutsche Bank has filed a motion to dismiss a bankruptcy claim by Yukos in the US after a Houston court barred the German bank from lending money to Gazprom to bid for Yuganskneftegas, Yukos&#39;s main asset.
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CHARLOTTE - Bank of America Corp. , the second-biggest US bank, plans to stop making loans to mortgage brokers by year-end, a move that will cut 700 jobs, the bank said yesterday.
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Bank of America is backing away from âHigher Standardsâ â at least in its new national advertising campaign.
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The Dutch Supreme Court on Friday lifted a major obstacle to a bid by Barclays of Britain to buy ABN Amro, ruling that ABN could sell its US subsidiary without shareholder approval.
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THE HAGUE, Netherlands -- ABN Amro's sale of its U.S. arm LaSalle to Bank of America was lawful, the Dutch Supreme Court ruled Friday _ overturning a lower court's move blocking the sale and making the $21 billion sale virtually certain to succeed.
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Shareholders in British bank Barclays on Friday backed a bid to acquire ABN Amro of The Netherlands after Barclays mangement assured them the deal would not be done at any price.
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The Dutch Supreme Court is set to rule on whether ABN Amro can sell LaSalle to Bank of America.
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Business & money: Royal Bank of Scotland launches new bid for ABN Amro, in an attempt to wrest it away from rival bidder Barclays.