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Southpaw - RBS-ABN: even a perfect integration could be marred by credit crunch

RBS’s takeover of ABN Amro is an experiment in big banking mergers that will be widely watched. So far the clues to its success are mixed. But as David Rothnie argues, RBS could make every move right and the deal might still be remembered as a failure — if the combined bank is blighted too badly by the credit crunch.

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