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Written question asked by Matthew Offord (Conservative) on Monday, 18 July 2022, in the House of Commons. It was due for an answer on Wednesday, 20 July 2022. It was answered by Richard Fuller (Conservative) on Monday, 25 July 2022 on behalf of the Treasury.


ABN AMRO

Question

To ask the Chancellor of the Exchequer, if he will make it his policy to publish any assessment his Department made of (a) TCI interactions with ABN Amro in 2007 and (b) the subsequent takeover by the Royal Bank of Scotland.

Answer

HM Treasury does not routinely monitor the shareholdings of private-sector firms, and has not made an estimate of the amount of shares held by the TCI hedge fund in NatWest Group (previously the Royal Bank of Scotland). I am also not aware of any HM Treasury assessments of TCI interactions with ABN Amro or the subsequent takeover by RBS.


Secondary information

Type
Written question
Reference
38638
Session
2022-23
Grouped for answer
Yes
Subjects
Takeovers Royal Bank of Scotland ABN AMRO TCI Fund Management
Link
View this Written question on www.parliament.uk