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Willy Wonka

Abn Amro

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ABN Amro have announced, internally, this afternoon to employees that there are going to be large scale redundancies with 'only traders' being kept on.

Sure it will hit the press soon.

Is it due to the takeover (though a bit soon for this to be a completely credible reason) or a combination of takeover and downturn.....

Intersting news to watch

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ABN Amro have announced, internally, this afternoon to employees that there are going to be large scale redundancies with 'only traders' being kept on.

Sure it will hit the press soon.

Is it due to the takeover (though a bit soon for this to be a completely credible reason) or a combination of takeover and downturn.....

Intersting news to watch

interesting.

Is this related to the takeover?

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ABN Amro have announced, internally, this afternoon to employees that there are going to be large scale redundancies with 'only traders' being kept on.

Sure it will hit the press soon.

Is it due to the takeover (though a bit soon for this to be a completely credible reason) or a combination of takeover and downturn.....

Intersting news to watch

....nah...this is 'Fred the Shred' ..CEO of RBS starting to make his investment pay....they are due to announce officially the takeover ..I think tomorrow... but like all other Banks, separately, there will be more than likely head count reductions due to the credit crunch, if they have not already taken place... :ph34r::ph34r::ph34r:

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....nah...this is 'Fred the Shred' ..CEO of RBS starting to make his investment pay....they are due to announce officially the takeover ..I think tomorrow... but like all other Banks, separately, there will be more than likely head count reductions due to the credit crunch, if they have not already taken place... :ph34r::ph34r::ph34r:

The offer went unconditional yesterday so it's a done deal.

Town hall meetings going on with the new masters in the Bishopsgate atrium... there's one on right now, I think.

Gossip gossip...

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Ironically I heard from someone at RBS the other day that, "the market is dead." ABM Amro is their only significant deal at the moment. My contact was expecting bin bags any day now.

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Ironically I heard from someone at RBS the other day that, "the market is dead." ABM Amro is their only significant deal at the moment. My contact was expecting bin bags any day now.

Not a bad outcome for the ABN guys: redundancy plus guaranteed bonuses to be honoured...

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Not a bad outcome for the ABN guys: redundancy plus guaranteed bonuses to be honoured...

Been hearing that many of the ABN staff will be retained. Not sure on figures etc at the moment though, bearing in mind much of ABN's IT had been outsourced anyway since earlier this year.

Edited by ragingbull

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