21.   The bank said it does not plan to expand its investment banking division through acquisition, as other German banks have.

22.   They are Peter Baring, who was chairman, Andrew Tuckey, who was deputy chairman, and Peter Norris, who headed the investment banking division.

23.   Besides Baring Futures and Baring Securities, the parent company also ran a merchant banking division in Singapore.

24.   Dain Rauscher will also rename its investment banking division, Dain Rauscher Wessels, to RBC Capital Markets as part of a rebranding effort.

25.   Deutsche Bank said in a statement it will establish a unified London-based investment banking division under the name Deutsche Morgan Grenfell.

26.   Greenwich NatWest, the merchant banking division of National Westminster Bank, is now part of Royal Bank.

27.   He was succeeded by William Frisell, an executive in the private banking division of Citicorp which is a prominent member of Visa.

28.   In a release to the media, Deutsche Bank said Wednesday that it will establish a unified London-based investment banking division under the name Deutsche Morgan Grenfell.

29.   Its investment banking division provides a full range of financial advisory and capital raising services to corporations, governments and individuals.

30.   The positions were cut from the global investment banking division, which provides financing, underwriting, advisory and lending services to corporations around the world.