71.   The banks plan to join in investment banking, asset management and private banking in Japan and around the world.

72.   The group covers financial services including insurance, asset management and private banking.

73.   The investigators found that drug traffickers, corrupt officials and tax evaders around the world were using private banking to launder their illicit profits through the financial system.

74.   The new financial services unit will integrate private banking.

75.   The Senate investigation, which included public hearings, shined a spotlight on the cloistered world of private banking, which discreetly caters to the very wealthy.

76.   The principal services being offered are project and export finance, corporate finance, capital markets, equity brokerage and private banking.

77.   The Swiss bank said it thus hoped to strengthen its position in international private banking.

78.   The two banks said then that they would tie up in investment banking, asset management and private banking.

79.   Tom Jones, chairman and chief executive of global investment management and private banking, will oversee asset management as well as life insurance and annuities.

80.   The new entity resulted from the merging of private banking operations previously carried out in Singapore, Hong Kong and subsidiaries of merchant bank BNP International Financial Services.