FACTBOX-Key facts about Barclays and ABN AMRO
(Reuters) - British bank Barclays clinched a deal to buy Dutch rival ABN AMRO for about 67 billion euros ($91 billion) on Monday in the world's biggest bank takeover.
Although ABN said it would meet a rival bidding consortium led by Royal Bank of Scotland, its management is recommending the deal with Barclays. ABN also agreed to sell its U.S. bank LaSalle to Bank of America for $21 billion in cash, conditional on the takeover by Barclays.
For the latest news on the deal click on.
Following are key facts on Barclays and ABN:
BARCLAYS
* Barclays has more than 3,600 branches in over 50 countries and employs 123,000 people. More than half its profit was generated overseas in 2006.
* The London-headquartered bank has six divisions -- UK banking; Barclaycard credit card business; international; Barclays Capital investment bank; Barclays Global Investors fund management; and Barclays Wealth.
* It traces its origins back to 1690, as a business helping monarchs and merchants fund ventures around the world. Several family firms were later combined, the founding Quaker families were said to have chosen the name Barclay after a big amalgamation in 1896 because it came first alphabetically in the list of directors.
* More acquisitions followed and by 1918 Barclays was one of Britain's "big five" banks. It acquired Martins Bank in 1969 and mortgage lender the Woolwich in 2000. Continued...
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