mbreslow

Japanese Mega-Banks Diversify Revenue Sources

MTU SHOUR ENTER THE BIDDING WAR FOR ABN AMRO IN ORDER TO BUY IT AND EXPAND FURTHER ITS ACTIVITIES WHILE AT THE SAME TIME HEDGING THE CURRENCY ISSUE, WITH THE AQUISITION OF ABN AMRO'S WORLDWIDE OPERATIONS. IF ABN AMRO WAS NOT A REALLY GREAT ASSET, BANK OF AMERICA, BARCLAYS BANK AND THE SANTANDER CONSORTIUM WOULD NOT BE PERSUING IT IN COURT IN THE NETHERLANDS, UNDER SUCH A DOG FIGHT, THUS, THERE IS STILL TIME FOR MTU TO INTRODUCE ITS BID AND OUT BID ALL OF THEM, INCREASING ITS SIZE AND REVENUES, AND ECONOMIZING IN SINERGIES. PLS PASS THIS ON TO MTU.