Europe may offer a glimpse into future of U.S. Exchange

Article Abstract:

The New York Stock Exchange Inc. acquisition of Archipelago Holdings Inc. has brought in electronic trading to compete with European Union stock exchanges. In the European Union, electronic exchanges operated by publicly traded companies has produced consolidation in the industry.

Europe, Security and commodity exchanges, Stock-exchange, Stock exchanges, European Union, New York Stock Exchange Inc., Company business forecast/projection, Company forecasts

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Bank of America hires Goldman Sachs veteran

Article Abstract:

Kenneth Leet is joining BankAmerica Corp. and will be the manager of investment and corporate banking for the European Union, the Middle East and Africa. He is formerly of Goldman Sachs Group Inc., London and New York.

Executive changes & profiles, Officials and employees, Appointments, resignations and dismissals, Biography, Company Profile, BankAmerica Corp., Personality profile, Leet, Kenneth

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Turkey's banking market lures lenders seeking growth

Article Abstract:

Western banking interests are looking to expand in Turkey, a largely underserved market. Stiff competition is likely from Middle Eastern bankers offering Islamic banking services.

Turkey, Industry forecasts

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