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'Deutsche bank in ABN Amro talks again'

Thursday 01 October 2009

The finance ministry is again in talks with Deutsche Bank about taking over some parts of ABN Amro, the Financieele Dagblad reports on Thursday, quoting sources.

Brussels has ordered the Netherlands to sell off parts of ABN Amro or Fortis in order to get the green light to merge the two nationalised banks. A deal with Deutsche Bank to buy HBU fell apart last week and the finance ministry now has until October 2 to come up with an alternative deal.

Talks are also underway with BNP Paribas. The paper said on Tuesday sources suggest the finance ministry has asked BNP Paribas if it would be interested in buying Fortis' commercial banking and finance units.

© DutchNews.nl


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