Search

This article reports that the British Financial Services Authority has begun a review of hedge-fund trading in ABN Amro Holding NV shares before a takeover bid by a consortium of European banks. People familiar with the matter said one trade under review involves the purchase of about €100 million in ABN shares by Toscafund Asset Management LLP in April 2007. Separately, Bank of America Corp. filed suit against ABN seeking to enforce its $21-billion deal involving LaSalle Bank in the U.S.