21.   Fitch Ibca said further risk for some banks is their offshore banking subsidiaries in Labuan.

22.   Meanwhile, its London-based investment banking subsidiary, Deutsche Morgan Grenfell, ran into trouble last month when irregularities came to light in three investment funds.

23.   Metrobank, controlled by the family of George S.K. Ty, has nine other foreign branches and one banking subsidiary in California.

24.   NatWest came under the spotlight Friday, when its investment banking subsidiary NatWest Markets announced it had discovered problems with its price records on interest rate options trades.

25.   But the insurance business had recovered and now appeared healthy and the CIC banking subsidiary was profitable, they said.

26.   It owns a joint-venture commercial bank in Indonesia and a commercial banking subsidiary in Papua New Guinea.

27.   Japanese trading giant Mitsubishi Corp. said Monday it would set up a merchant banking subsidiary in Singapore to upgrade its investment business in the Asian region.

28.   The Bank of China has opened a merchant banking subsidiary in London to aid Chinese companies listing shares or bonds on overseas markets, the China Daily reported Friday.