Financial Times FT.com

Clinching deal would give Barclays top-five clout

By Jane Croft and Peter Thal Larsen in London

Published: March 20 2007 02:00 | Last updated: March 20 2007 02:00

Acquiring ABN Amro would transform Barclays into one of the top five banks in the world from being 15thlargest by market capitalisation.

Barclays already generates half of its £7.1bn ($13.8bn) of profits from outside the UK and has been trying to increase its exposure to fast-growing economies in India, Africa, and the Middle East.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this