All GLG News Analyses Filed Under: Commercial & Retail Banking

 Barclays is planning to invest $100 million in operations this year in India to set the stage for its retail and commercial banking foray into India

This article refers to a potential investigation by the US Dept. of Justice into ABN AMRO's US subsidiary, LaSalle Bank. Previously, ABN AMRO settled an anti-money laundering probe in 2005 and paid a fine of US$80 million. Meanwhile the clock of exclusivity for Barclays (NYS:BCS) negotiations to submit...

Key Implications:With a 30-day exclusivity deal between Barclays Plc and ABN Amro, the deadline is fast approaching on April 18, 2007, and a DOJ (Department of Justice) investigation and a possible counterbid(s) in the works, the $80 billion ABN-Barclays deal may be in jeopardy of falling apart. ...

EU finance ministers proposed two sweeping changes to break down national barriers that inhibit cross border banking. Cross border bank takeovers will now have a common legal framework and limited time periods for reviewing mergers and reducing the number of reasons for blocking a proposed deal. On...

Barclays is engaged in exclusive talks with ABN AMRO that could yield the largest ever financial institutions M & A deal. A combination would make the combined firm a bigger global player both geographically and by product line coverage. The burr under ABN AMRO's saddle to sell out is shareholder...

While Wal-Mart officially withdrew its ILC application on March 16, this article describes a real estate leasing practice with in-store bank tenants that was put in place during as early as 2002 and modified in 2006. The terms of these in-store bank branch leases were modified to give Wal-Mart the option...

Key Implications:After more than two years of controversy and criticism from opponents of Walmart's ILC (Industrial Loan Company) application, Walmart announced last Thursday (3.15.07), its intention to withdraw its application for ILC status.  Walmart contacted the FDIC to inform them they were...

Key ImplicationsThe Dutch institution ABN Amro, is holding exclusive talks with Barclays PLC, to discuss a "friendly" acquisition of ABN Amro, rather than a hostile takeover.  However, with other potential suitors lurking in the  wind, and the "deal" being contingent upon shareholders, stakeholders...

The consolidation of the banking industry has been, and will continue to be a continuous process.  The reason is economics.  However this process should intensify during the next several years because of regulation, specifically the Basel II accord.

  Micro finance Institutions find it difficult to raise finance for innovative approach for providing finance in rural areas in view of long presence of Nationalized Banks.Hence forming an NBFC is a better route.