21.   Its equity business was way down, and losses mounted at UBS Capital, the private equity unit.

22.   Krongard said Bankers Trust was apprised during the merger talks of the slowdown in the equity business at Alex.

23.   Lehman Brothers Holdings Inc. said it named Robert Feidelson head of its global equity finance business.

24.   Lehman may hire others for its equity business in coming weeks, people familiar with the firm said.

25.   Lehman needs to expand more than just its equities business, Fuld said.

26.   Maughan said reaching the return-on-equity goal depends on boosting its investment banking and equities businesses.

27.   Mellon would be able to bolster its equity mutual funds business by acquiring Founders, analysts said.

28.   Morgan has a broader equity business, but is not strong in technology.

29.   NationsBank is also planning to enter the equities business.

30.   NatWest said it is also negotiating with a number of companies to sell its Australian and Asian equities units and will close its U.S. equities business.