The Royal Bank of Scotland-led consortium vying for control of ABN Amro may go ahead with its break-up bid for the Dutch bank, even if it cannot stop the sale of LaSalle, the Dutch lender’s US subsidiary.

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Peter Thal Larsen on what ABN Amro’s freedom to sell La Salle would mean for RBS and Barclays’ takeover hopes

People close to the consortium indicated that it could press ahead in spite of suffering a setback on Tuesday in its three-month tussle with Barclays for control of the Amsterdam-based lender.