Rivals take advantage of LaSalle takeover battle

06/5/2007 | Wall Street Journal, The

With ABN Amro's LaSalle Bank unit at the heart of a massive takeover battle, U.S. banks have been lining up to hire away top talent and business from LaSalle. Britain's Barclays and a European bank consortium led by Royal Bank of Scotland have put Chicago-based LaSalle at the center of the takeover strife for three months, a time when competitors have been boosting operations. Meanwhile, the uncertain future of LaSalle has had some of its top employees considering offers from competitors.

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