CityNews 2005 Predictions - Some Good, Some Not

Here we go again, gazing into our crystal ball and predicting what 2005 may have in store for us.

Jamie Dimon becomes CEO of JP Morgan Chase - one year early, as current boss Bill Harrison announces that he is riding off into the sunset.

Deutsche Bank finally finds a 'merger' partner - another German financial institution, possibly even Commerzbank!

Bank of America acquires a UK retail bank - either Barclays or, perhaps more realistically, Lloyds TSB.

Citigroup and Credit Suisse hold talks about the possible sale of CSFB. The talks go nowhere as the parties cannot agree on price.

UK fund manager Schroders at last spends some of that cash mountain and acquires two smaller asset management rivals. The firm also cherry-picks key staff from Deutsche Asset Management, which announces a radical restructuring plan.

Merrill Lynch bites the bullet and sells Merrill Lynch Investment Managers.

The hedge fund industry has a tough year.

There is yet another big trading scandal.

London house prices end the year flat. No major fall in prices.

The FTSE 100 Index ends the year at the 5050 mark (It is currently hovering around the 4800 level).

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