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Europe Daily Bulletin No. 9054

22 October 2005
Contents Publication in full By article 32 / 39
ECONOMIC INTERPENETRATION / (eu) banking

DEUTSCHE BANK has an option to buy German private bank SAL. OPPENHEIM's stake in medium-sized Chinese lender HUAXIA BANK, setting it up to become the Chinese bank's top shareholder. The two German banks confirmed this week they would together be investing USD 329 mil to take a 14% stake in HUAXIA (9.9% for DEUTSCHE BANK, 4.1% for OPPENHEIM). The deal includes an option for DEUTSCHE BANK to buy OPPENHEIM's portion. DEUTSCHE BANK has taken its first step into retail banking in India, opening...

Contents

THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION