PIPS

PIPS

BNP-Dresdner Merger ?

In a move that could see the creation of a true European super-bank, Dresdner and Banque Nationale de Paris (BNP) were in talks last week about a possible tie-up. Combined with Paribas, which is already engaged in a link-up with BNP, the new bank could emerge as a more potent force than Deutsche, which is currently the largest bank in the Euro region. However, discussions are at an early stage, and officials say that the deal may fall short of a full merger of trading

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