Cash management: How to make the most of a merger - Brian Stevenson, RBS
Brian Stevenson is the head of the new global transaction services division at RBS, following its acquisition of ABN Amro’s business. In his first interview since he took the job, he talks to Laurence Neville about separation, integration and what the future holds.
"As an advocate of the business, one shouldn’t be surprised if it is suggested that one should take responsibility for it"
TRANSACTION BANKING WAS one of the jewels in the crown of ABN Amro. It combined world-class products with a strong network and, in many of the markets in which it operated, was a top-four player. RBS, by acquiring much of ABN Amro’s global transaction banking business in 2007 as part of the consortium involving Santander and Fortis, instantly jumped into the big league.