51.   German banks, in particular, want to include merchant bank debt under the government guarantee, according to a German banker, who asked not to be identified.

52.   German banks, in particular, want to include merchant bank debt, according to a German banker, who asked not to be identified.

53.   Frydman is a real estate merchant bank that develops property in Manhattan and the New York metropolitan area.

54.   Holders can convert them into regular Renong shares any time after one year, at a price to be determined later by the merchant bank.

55.   In addition, the IMF is demanding that ailing merchant banks, commercial banks and even some large chaebol, Korean conglomerates, be allowed to fail.

56.   In its bankruptcy filing, Stratton Oakmont said it would try to reorganize as a merchant bank that would specialize in securities trading and investing.

57.   In July, Deutsche Bank concentrated its worldwide investment banking activities in its London merchant bank unit, renaming it Deutsche Morgan Grenfell Group Plc.

58.   In Korea, nine merchant banks closed and two securities firms collapsed.

59.   In particular, he said, the merchant banks are important sources of loans for smaller and midsize businesses.

60.   ING said trading income was helped by the consolidation of Barings, the failed U.K. merchant bank it bought in March.