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Diamond attacks RBS over ‘bust-up' bid

Barclays president Bob Diamond has attacked Royal Bank of Scotland's bid for Dutch bank ABN Amro as a "bust-up strategy" and criticised its technology platform.

Diamond, also chief executive of Barclays Capital, said its €67bn ($89bn) bid for ABN Amro would deliver more growth than the rival bid by RBS, which heads a consortium including Fortis of Belgium and Spain's Banco Santander.

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