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Europe Daily Bulletin No. 8349

28 November 2002
Contents Publication in full By article 53 / 55
ECONOMIC INTERPENETRATION / (eu) banking

The German bank COMMERZBANK has sold most of its asset management business MONTGOMERY to the American bank WELLS FARGO for an undisclosed amount. The transaction concerns 85% of the assets managed by MONTGOMERY ASSET MANAGEMENT, representing a total of 5.8 bn euro.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION