Hsbc And Merrill: Why Not A Wedding?
When Britain's HSBC Holdings PLC and Merrill Lynch & Co. unveiled a $1 billion joint venture to create a global online financial service on Apr. 18, some analysts were quick to speculate about a possible full-scale merger. After all, rumors have been rife lately that Merrill was the bid target of choice for a big European bank, such as Germany's Deutsche Bank.
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