Thursday, March 29, 2007
Barclays - ABN Amro merger means big IT challenges loom
Barclays confirms ABN Amro merger talks as IT challenge looms
Mar 20, 2007, By ComputerworldUK reporter
Acquisition talks come as both banks shake up IT
Barclays has confirmed its interest in acquiring Dutch bank ABN Amro later today, paving the way for what could be Europe's biggest financial services sector merger.
A buy-out could have profound implications for IT operations at the Dutch bank, which announced plans to axe hundreds of IT jobs in October in a bid to rationalise its organisation and improve efficiency after poor third quarter results.
Read the full news report from here @ Computer World UK
BlogOut provides global outsourcing updates across industries & business functions. See BlogOut Directory for the complete list of categories
Mar 20, 2007, By ComputerworldUK reporter
Acquisition talks come as both banks shake up IT
Barclays has confirmed its interest in acquiring Dutch bank ABN Amro later today, paving the way for what could be Europe's biggest financial services sector merger.
A buy-out could have profound implications for IT operations at the Dutch bank, which announced plans to axe hundreds of IT jobs in October in a bid to rationalise its organisation and improve efficiency after poor third quarter results.
Read the full news report from here @ Computer World UK
BlogOut provides global outsourcing updates across industries & business functions. See BlogOut Directory for the complete list of categories
Labels: banks-europe, banks-uk, finance-europe, finance-uk, it-banks, it-europe, it-finance, it-finance-uk, it-uk, netherlands
PermaLink - Barclays - ABN Amro merger means big IT challenges loom posted by Ecacofonix : 4:20 AM
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