LOOSE CHANGE
LOOSE CHANGE
Swiss Bank Corporation (SBC) is buying 100 percent of the equity in the Swedish broker Arbitech Fondkommission and its associate companies. Arbitech has 22 staff and is Sweden's leading market maker in standardized derivatives, as well as cash-based and over-the-counter instruments. SBC is making the purchase from Investors AB and SAB Export-Invest, both of Stockholm, as the brokerage is already owned 50 percent by its associate O'Connor & Associates of Chicago.
The Bank of England's 1993 report
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