Speculation that Calyon and Fimat could be the next FCMs to
seal a merger spread across the market last week, with one
source telling FO Week that an announcement was
Suggestions of behind the scenes talks between the two banks
have gathered momentum over the past week, though Fimat and
Calyon declined to comment on market speculation. However, an
informed source said he understood an announcement of the two
companies' intentions was planned "in the next few days".
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