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Europe Daily Bulletin No. 7702

20 April 2000
Contents Publication in full By article 39 / 50
ECONOMIC INTERPENETRATION / (eu) banks

HSBC (Great Britain) and MERRILL LYNCH (United States) plan to invest USD 1 billion in the creation of a 50-50 owned on-line banking and brokering service. MERRILL LYNCH HSBC will begin providing services before the end of the year, starting in the United Kingdom and then expanding to Australia, Canada, Germany, Hong Kong and Japan.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION