Comedie Francaise

Article Abstract:

Paribas and Societe Generale were to have merged when Banque Nationale de Paris (BNP) made a bid for both these banks. Societe Generale has increased its offer and has sought a ruling against the double bid by BNP. Meanwhile, Credit Lyonnais will be privatized following a delay, and the public offer is scheduled to close on Jun 28 1999. Credit Agricole could join together with Credit Lyonnais, adding rural banks to the Credit Lyonnais network, which is mainly urban.

Commercial Banks, Commercial Banking

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Waterloo II: British institutions: the Grenadier Guards

Article Abstract:

Britain's Grenadier Guards are active soldiers as well as exhibits of palace pageantry, but spending cuts are thinning their ranks and threatening their dual role. There are also complaints of weakened physical standards and of racism.

Finance, Guards troops

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After Waterloo: French banks

Article Abstract:

French banks performed poorly in 1991, as a result of bad loans made in Britain. Banking deregulation lead to excessive lending in London, in an effort to increase market share.

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