Thursday, June 14, 2007

Fortis promises no lay offs when taking over ABN AMRO

As stated in this article. Barclays doesn't dare to do the same, but tries to charm the Dutch city of Amsterdam by telling they will finance a huge financial university programme.

Just too bad that Amsterdam VU University already has such a programme and specialisation, so the Barclays proposal is a bit of a bummer for all those hardworking academics over there, whose work is not properly being appreciated.