61.   Though the stock markets have remained relatively strong, the equity underwriting business has stayed weak.

62.   With the merger announced yesterday, the exchange is expected to sell off its equities business and concentrate solely on options.

63.   Peregrine Equity Brokerage and Trading managing director Andrew Jamieson said Peregrine deputy chairman Francis Leung was almost certain to head the new equity business.

64.   Peregrine executives have been on an international roadshow over the weekend trying to drum up interest in the equity business.

65.   PEREGRINE has succeeded in finding a buyer for its equity products business, a senior executive said last night.

66.   A Nomura official said the two executives who resigned are Shimpei Matsuki, responsible for equity business, and Nobutaka Fujikura, responsible for general management affairs.

67.   Contacted by the Hong Kong Standard, Peregrine chairman Philip Tose declined to comment on suggestions that he would play no significant role in the new equities business.

68.   Deputy chairman Francis Leung has been tipped to head the equities business.

69.   DMG said the move to consolidate its Jakarta equities office was part of a continuing process of streamlining its regional equities business.

70.   Dresdner said in a statement it will maintain its international merger and acquisition advisory, as well as its debt and private equity businesses in the region.