By Wikipedia Shahar Pe’er suffered her worst defeat of the year on Friday, losing 6-3, 6-0 to Lucie Safarova in the quarterfinals of the Open GDF Suez tournament…
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ABN AMRO Bank N.V. is a Dutch bank, currently owned by RFS Holdings B.V. , a consortium of Royal Bank of Scotland Group, the government of the Netherlands, and Banco Santander. The bank was created as the result of the 1990-91 merger between Amsterdam-Rotterdam (AMRO) Bank and ABN, whose history dated back to the founding of the Nederlandsche Handel-Maatschappij in 1824. Between 1991 and 2007, ABN AMRO was one of the largest banks in Europe and had operations in about 63 countries around the world. In the biggest banking takeover in history, a consortium comprising RBS, Fortis, and Banco Santander acquired ABN AMRO in 2007. Due to the 2008 financial crisis, the Dutch government nationalised the divisions owned by Fortis, while the UK government is now in effective control over the divisions allocated to RBS due to its financial bail-out of the Scottish bank. The process of integrating some of ABN AMRO's divisions into the new owners, and divesting others, continues. Since 6 February 2010 the bank has been split into one organisation owned by the Dutch government called ABN AMRO Bank N.V. and another owned by The Royal Bank of Scotland Group renamed The Royal Bank of Scotland N.V. On this date the Dutch owned businesses legally demerged from those owned by RBS. The Dutch government own the ABN AMRO brand for use with the parts of the bank they purchased while other companies within the Group will be renamed or closed down. RBS announced that branches of the businesses it owned in India and the United Arab Emirates were to be rebranded under its name.. HSBC was reported to be in talks to purchase the Indian business and could possibly receive regulatory approval to take over some branches. RBS rebranded the Morgans sharedealing business in Australia as RBS Morgans in September 2009. This followed the rebranding of the ABN AMRO Australia unit to RBS Australia in March that year.
