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Analysts & Associates In Demand As M&A Remains Hot

2006 proved to be the best year for M&A ever - deals hit an all-time high of around $3.7 trillion, surpassing the previous 2000 high of $3.4 trillion. Many thought that 2007 couldn't possibly be as good a year for M&A as last year, but there's been a recent surge in activity. M&A pipelines are strong, the appetite for deals shows no sign of letting up, and analysts and associates remain in big demand.

Chaos - How Not To Sell A Bank

The debacle that is the sale of Dutch bank ABN AMRO descended into chaos Thursday, after a Dutch court ruled that the bank's board was in error for denying shareholders the right to vote on the sale of US retail business LaSalle to Bank of America. The judge said that the proposed disposal of LaSalle constituted a change of strategy and should therefore have been presented to investors for their views. The sale has been placed on ice.

Top Firm Banker Arrested In Office By FBI

Brady Dougan officially takes over as CEO of Credit Suisse Group today. He'll be a tad miffed, though, that one of his investment bankers has spoiled his big day by getting arrested and carted off to jail yesterday, charged with 25 counts of securities fraud and one count of conspiracy for his alleged involvement in an insider trading scam.