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Under the Knife

RBS is conducting an unprecedented operation. Can it hold its nerve as the heat rises on its risky ABN carve-up? By Colin Donald in Amsterdam

AT the ABN Amro head office in Zuidas - Amsterdam's futuristic new business hub on the southern outskirts - lights burn long into the night. The area was planned in the 1990s around this monument to Dutch financial power. That centrepiece has now fallen.