The Dutch bank ABN Amro, the target of competing takeover bids from the British bank Barclays and a consortium of banks led by the Bank of Scotland, reported a 7.1 percent decline in its second-quarter net profit. ABN Amro, which is based in Amsterdam, reported a net profit of 1.13 billion euros ($1.53 billion) in the second quarter, down from 1.216 billion euros a year earlier. Operating profit, which excludes one-time items, rose 12.8 percent, to 5.45 billion euros. ABN reported earnings of 0.61 euros a share, and 0.50 euros a share from continuing operations. The bank is the target of two takeover bids: 66 billion euros ($89.55 billion) from Barclays and 71 billion euros from Royal Bank of Scotland, Fortis of Belgium and Santander of Spain.
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