41. Dresdner and other German banks are reporting nine-month results for the first time this year. 42. Dresdner, in fact, is the last of the big German banks to look abroad. 43. Deutsche becomes the first German bank to do so. 44. Dutch banking and insurance company ING Group NV and German bank Bayerische Vereinsbank AG both opted not to purchase Oppenheimer after entering into negotiations. 45. Early this year, Credit Suisse First Boston hired the entire technology banking team away from Deutsche Bank, the giant German bank. 46. Earnings optimism was also reinforced after German banks reported soaring trading income and higher first-half figures. 47. Dresdner and most other German banks have profit margins that are far lower than those of banks in the United States and Britain. 48. Fagan has also indicated that he plans to file suit against German banks, including Commerzbank, Deutsche Bank and Dresdner Bank, for supporting the apartheid regime. 49. Facing substantial loan losses in Asia as well as some other problems, the giant German bank announced plans to restructure in January. 50. For now, a stock analyst at a big German bank said, no one wants to buy dollars. |