Banks seen safe from Merrill--for now

Article Abstract:

Merrill Lynch & Co. could be entering the commercial banking sector. The company would utilize deposit accounts with higher-yields and make competitive loan offers to bring in new clientele.

Securities industry, Merrill Lynch and Company Inc.

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ABN Amro Wants To Add 500 Bankers In Bid for Top Tier

Article Abstract:

ABN Amro Holding NV plans to hire 500 more investment and corporate bankers to better compete in Europe.

Belgium, Executive changes & profiles, Personnel administration, ABN AMRO Bank (Belgie) N.V.

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Poland narrows bidders for Polska Kasa

Article Abstract:

Citigroup Inc. and UniCredito Italiano SpA have been chosen by Poland to conduct negotiations to acquire a majority share of Polska Kasa Opieki SA (Pekao). Pekao is the largest commercial bank in Poland. The two companies were selected from a list of five bidders. Up to 55% of Pekao is being sold by the Polish government. The bank has over 600 branches and owns nearly 20% of all Polish banking system's assets.

Comment:

Citigroup Inc. and UniCredito Italiano SpA chosen by Poland to negotiate for majority share of Polska

Italy, Poland, Financial Services, Finance and Insurance, Citigroup Inc., C, Unicredito Italiano S.p.A., Polska Kasa Opieki SA

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