3ruce’s Blog

What a difference a year makes: Just a little more than 1 year ago Royal Bank of Scotland (RBS) paid $100bn for ABN Amro (80% cash).

For this amount, RBS could today buy:

Citibank $22.5bn,

Morgan Stanley $10.5bn,

Goldman Sachs $21.0bn,

Merrill Lynch $12.3bn,

Deutsche Bank $13.0bn and

Barclays $12.7bn,

And still have $8bn change

A Mulligan on ABN AMRO Anyone? | Kevin Hoffberg’s Blog.

This entry was posted on Tuesday, December 9th, 2008 at 1:41 pm and is filed under Quotes. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.