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22.11.08

Banking at its best or worst

NRC reports that two Dutch banks have merged. Why do I care?

Well for one I had an account in AMRO for many years, even when I lived in the US, but somewhere, sometime the bank changed hands and I found myself at another bank altogether.

So, reading this piece has me totally confused...again!

I remember questioning the merger when it occurred as I was more than annoyed, I was actually angry that once more a bank I selected with care was taken over by another financial institution I had not personally vetted.

Now what is really going on with the mergers between and among banks, and how can these two banks float between two lowland countries?

I don't have an answer, but I do persist in asking questions.

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