Although it is only at the very early stage,
Barclays is considering a bid of $80 billion, says Jean-Pierre Lambert, an analyst with
Barclays CEO John Varley said last month that he plans for the bank, the U.K.’s third largest, to grow “aggressively.”
“It makes sense on a strategic and geographical basis,” said Guy de Blonay, a fund manager with
As to why ABN Amro is interested in being acquired, the company has experienced loan losses in the U.S., Latin America and Taiwan, and has been looking for a way to cut expenses following its purchase last year of