ABN Amro imposes staff poaching ban

Monday 21 May 2007 at 12:56

ABN Amro has struck a deal with its financial advisers preventing them from hiring its staff during its takeover battle.

The Dutch bank is understood to have a "no-poach agreement" with Goldman Sachs, Lehman Brothers, Morgan Stanley and UBS as well as Deutsche Bank, which is advising Barclays on its proposed takeover of the group, according to headhunters.