Sunday, April 22, 2007

LaSalle would plug Chicago gap for Bank of America

(Reuters) - Barclays Plc could announce plans to sell LaSalle to Bank of America as early as Monday, as part of a deal in which Barclays would take over Dutch bank ABN AMRO , sources familiar with the situation said.

ABN AMRO's LaSalle, which analysts have said could be worth between $18 billion and $23 billion, has long been viewed as a target for Bank of America, which has a relatively small market share in the Chicago area.


Read more at Reuters.com Mergers News

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