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FSA 'seriously misjudged' AMB take-over

FSA 'seriously misjudged' AMB take-over
The FSA's decision not to stop RBS's take-over of Dutch rival ABM Amro was a "serious misjudgement", a Treasury Committee report has concluded. To prevent a repeat of the episode, the Committee is urging the Government to legislate to ensure the regulator is explicitly required to approve major bank take-overs.

Green Box: FSA 'seriously misjudged' AMB take-overClick to open

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