2008-06-26ft.com

``Barclays didn’t buy ABN Amro. Its shareprice and capital ratios fell to the point where a rights issue become necessary. Fortis did buy ABN Amro (part of it anyway). And like Barclays, it needs money.... That Fortis too was still hunting for acquisitions barely a month ago is either a testament to the supreme confidence management must have in themselves or supreme folly.''



Comments: Be the first to add a comment

add a comment | go to forum thread