In a last minute deal on Friday, ABN Amro and its former London Compliance Officer, Thomas Conlon, settled their dispute over his dismissal. Conlon, who had also been head of the bank's legal department, had sued the bank under the UK Public Interest Disclosure Act, the so-called 'whistleblower's act'.

The case, which had been due to start on Friday morning at the Stratford Employment Tribunal and was scheduled to last five weeks, was expected to include evidence of Conlon's allegations of malpractices by the bank on behalf of some of its important British clients. Market manipulation, insider trading and breaches of the London code had been mentioned by Conlon's lawyers in a preliminary hearing exclusively reported in Financial News last July.