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<item><title>La Baloise Cie d Assurances acquires Fortis Luxembourg IARD SA from Fortis SA/NV (pending)</title><description>LUXEMBOURG - La Baloise Cie d Assurances Direction Suisse romande Tessin of Switzerland agreed to acquire Fortis Luxembourg IARD SA, insurance company, from Fortis SA/NV, for EUR ## mil (USD ##.### mil).</description><pubDate>08 Oct 2009 07:50:50 EST</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">50696M</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">35016W</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">50696M</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">34971E</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">La Baloise Cie d Assurances Direction Suisse romande Tess</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">Fortis Luxembourg IARD SA</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">La Baloise Cie d Assurances Direction Suisse romande Tess</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">Fortis SA/NV</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/La_Baloise_Cie_d_Assurances_acquires_Fortis_Luxembourg_IARD_SA_from_Fortis_SA_NV-2115927040</link><guid isPermaLink="false">sdc/2115927040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2115927040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2009, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_MAINDUSTRY><sdc:value>Insurance</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>Switzerland</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Life insurance</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>6311</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>FF</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Foreign</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Private</sdc:value></sdc:a_STATUS><sdc:asic_SIC><sdc:value sdc:p="0">6311:Life insurance</sdc:value><sdc:value sdc:p="1">6321:Accidental and health insurance</sdc:value><sdc:value sdc:p="2">6331:Fire, marine, and casualty insurance</sdc:value><sdc:value sdc:p="3">6351:Surety insurance</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">6311:Life insurance</sdc:value><sdc:value sdc:p="1">6321:Accidental and health insurance</sdc:value><sdc:value sdc:p="2">6331:Fire, marine, and casualty insurance</sdc:value><sdc:value sdc:p="3">6351:Surety insurance</sdc:value></sdc:aupsic_SIC><sdc:b_MAINDUSTRY><sdc:value>Insurance</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>Luxembourg</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Life insurance</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>6311</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>FF</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Foreign</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Subsidiary</sdc:value></sdc:b_STATUS><sdc:c_ACIDGEN><sdc:value>1109691001</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Ins co</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Pvd bkg svcs</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value sdc:p="0">Cash</sdc:value><sdc:value sdc:p="1">Cash Only</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Stock</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>1109688001</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Oct 8 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sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">La Baloise Cie d Assurances</sdc:value><sdc:value sdc:p="1">Direction Suisse romande</sdc:value><sdc:value sdc:p="2">Tessin, located in</sdc:value><sdc:value sdc:p="3">Switzerland, is an insurance</sdc:value><sdc:value sdc:p="4">company.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">La Baloise Cie d Assurances Direction Suisse romande Tessin,</sdc:value><sdc:value sdc:p="1">located in Switzerland, is an insurance company.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>La Baloise Cie d Assurances Direction Suisse romande Tessin, located in Switzerland, is an insurance company.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">Fortis Luxembourg IARD SA,</sdc:value><sdc:value sdc:p="1">located in Luxembourg, is an</sdc:value><sdc:value sdc:p="2">insurance company.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">Fortis Luxembourg IARD SA, located in Luxembourg, is an</sdc:value><sdc:value sdc:p="1">insurance company.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>Fortis Luxembourg IARD SA, located in Luxembourg, is an insurance company.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>0.00000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>Y</sdc:value></sdc:i_CROSS1><sdc:i_CURRENCYLONG><sdc:value>EURO</sdc:value></sdc:i_CURRENCYLONG><sdc:i_DATEANN><sdc:value>06 Oct 09</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Tue, 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sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">LUXEMBOURG - La Baloise Cie d</sdc:value><sdc:value sdc:p="1">Assurances Direction Suisse</sdc:value><sdc:value sdc:p="2">romande Tessin of Switzerland</sdc:value><sdc:value sdc:p="3">agreed to acquire Fortis</sdc:value><sdc:value sdc:p="4">Luxembourg IARD SA, insurance</sdc:value><sdc:value sdc:p="5">company, from Fortis SA/NV,</sdc:value><sdc:value sdc:p="6">for EUR 23 mil (USD 33.704</sdc:value><sdc:value sdc:p="7">mil).</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>LUXEMBOURG - La Baloise Cie d Assurances Direction Suisse romande Tessin of Switzerland agreed to acquire Fortis Luxembourg IARD SA, insurance company, from Fortis SA/NV, for EUR 23 mil (USD 33.704 mil).</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">LUXEMBOURG - La Baloise Cie d Assurances Direction Suisse romande Tessin of Switzerland</sdc:value><sdc:value sdc:p="1">agreed to acquire Fortis Luxembourg IARD SA, insurance company, from Fortis SA/NV, for EUR</sdc:value><sdc:value sdc:p="2">23 mil (USD 33.704 mil).</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value sdc:p="0">LUXEMBOURG - La Baloise Cie d Assurances Direction Suisse romande Tessin of Switzerland agreed to acquire Fortis Luxembourg IARD SA, insurance company, from Fortis SA/NV, for EUR 23 mil (USD 33.704</sdc:value><sdc:value sdc:p="1">mil).</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">LUXEMBOURG - La Baloise Cie d Assurances Direction Suisse romande Tessin of Switzerland agreed to acquire Fortis Luxembourg IARD SA,</sdc:value><sdc:value sdc:p="1">insurance company, from Fortis SA/NV, for EUR 23 mil (USD 33.704 mil).</sdc:value></sdc:n_synopsis5><sdc:q_DESCR><sdc:value>Pending</sdc:value></sdc:q_DESCR><sdc:q_HOSTANETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTANETASS><sdc:q_HOSTANILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTANILTM><sdc:q_HOSTASALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTASALESLTM><sdc:q_HOSTATASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTATASS><sdc:q_HOSTBOOKVALUE><sdc:value>0.00000</sdc:value></sdc:q_HOSTBOOKVALUE><sdc:q_HOSTCASHFLOW><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW><sdc:q_HOSTCASHFLOW1><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW1><sdc:q_HOSTCASHFLOW2><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW2><sdc:q_HOSTCASHFLOW3><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW3><sdc:q_HOSTCASHFLOW4><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW4><sdc:q_HOSTCASHFLOW5><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW5><sdc:q_HOSTCOMMONEQUITY><sdc:value>0.00000</sdc:value></sdc:q_HOSTCOMMONEQUITY><sdc:q_HOSTEBITLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEBITLTM><sdc:q_HOSTEPS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS1><sdc:q_HOSTEPS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS2><sdc:q_HOSTEPS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS3><sdc:q_HOSTEPS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS4><sdc:q_HOSTEPS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS5><sdc:q_HOSTEPSLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPSLTM><sdc:q_HOSTNETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS><sdc:q_HOSTNETASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS1><sdc:q_HOSTNETASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS2><sdc:q_HOSTNETASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS3><sdc:q_HOSTNETASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS4><sdc:q_HOSTNETASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS5><sdc:q_HOSTNI1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI1><sdc:q_HOSTNI2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI2><sdc:q_HOSTNI3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI3><sdc:q_HOSTNI4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI4><sdc:q_HOSTNI5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI5><sdc:q_HOSTNILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTNILTM><sdc:q_HOSTPTINC1><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC1><sdc:q_HOSTPTINC2><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC2><sdc:q_HOSTPTINC3><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC3><sdc:q_HOSTPTINC4><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC4><sdc:q_HOSTPTINC5><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC5><sdc:q_HOSTPTINCLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINCLTM><sdc:q_HOSTSALES1><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES1><sdc:q_HOSTSALES2><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES2><sdc:q_HOSTSALES3><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES3><sdc:q_HOSTSALES4><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES4><sdc:q_HOSTSALES5><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES5><sdc:q_HOSTSALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALESLTM><sdc:q_HOSTTASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS><sdc:q_HOSTTASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS1><sdc:q_HOSTTASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS2><sdc:q_HOSTTASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS3><sdc:q_HOSTTASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS4><sdc:q_HOSTTASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS5><sdc:q_STATUS><sdc:value>Status:Pending</sdc:value></sdc:q_STATUS><sdc:r_PE><sdc:value>-999.00000</sdc:value></sdc:r_PE><sdc:r_PE_PRINT><sdc:value>np</sdc:value></sdc:r_PE_PRINT><sdc:r_PFTMARG><sdc:value>0.00000</sdc:value></sdc:r_PFTMARG><sdc:r_PRICEBOOK><sdc:value>-999.00000</sdc:value></sdc:r_PRICEBOOK><sdc:r_PRICEBOOK_PRINT><sdc:value>np</sdc:value></sdc:r_PRICEBOOK_PRINT><sdc:r_PTINC3YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC3YGR><sdc:r_PTINC5YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC5YGR><sdc:r_ROE><sdc:value>0.00000</sdc:value></sdc:r_ROE><sdc:r_SALES3YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES3YGR><sdc:r_SALES5YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES5YGR><sdc:r_SE><sdc:value>0.00000</sdc:value></sdc:r_SE><sdc:r_TASS3YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS3YGR><sdc:r_TASS5YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS5YGR><sdc:r_TTCFMULT><sdc:value>0.00000</sdc:value></sdc:r_TTCFMULT><sdc:r_TTEBITMULT><sdc:value>0.00000</sdc:value></sdc:r_TTEBITMULT><sdc:r_VALNA><sdc:value>0.00000</sdc:value></sdc:r_VALNA><sdc:sic_SIC><sdc:value sdc:p="0">6311:Life insurance</sdc:value><sdc:value sdc:p="1">6321:Accidental and health insurance</sdc:value><sdc:value sdc:p="2">6331:Fire, marine, and casualty insurance</sdc:value><sdc:value sdc:p="3">6351:Surety insurance</sdc:value></sdc:sic_SIC><sdc:upa_UPACIDGEN><sdc:value>1109691001</sdc:value></sdc:upa_UPACIDGEN><sdc:upa1_NATION><sdc:value>Switzerland</sdc:value></sdc:upa1_NATION><sdc:upa1_SICP><sdc:value>6311</sdc:value></sdc:upa1_SICP><sdc:upa1_STATE><sdc:value>Foreign</sdc:value></sdc:upa1_STATE><sdc:upa1_STATUS><sdc:value>Private</sdc:value></sdc:upa1_STATUS><sdc:upsic_SIC><sdc:value sdc:p="0">6000:Banks</sdc:value><sdc:value sdc:p="1">6282:Investment advice</sdc:value><sdc:value sdc:p="2">6311:Life insurance</sdc:value><sdc:value sdc:p="3">6321:Accidental and health insurance</sdc:value><sdc:value sdc:p="4">6331:Fire, marine, and casualty insurance</sdc:value><sdc:value sdc:p="5">6351:Surety insurance</sdc:value><sdc:value sdc:p="6">6722:Management investment offices, open-end</sdc:value><sdc:value sdc:p="7">6726:Investment offices, nec</sdc:value><sdc:value sdc:p="8">6799:Investors, nec</sdc:value></sdc:upsic_SIC><sdc:upt_UPTCIDGEN><sdc:value>318019003</sdc:value></sdc:upt_UPTCIDGEN><sdc:upt1_EXCHANGE><sdc:value>Euronext B</sdc:value></sdc:upt1_EXCHANGE><sdc:upt1_NATION><sdc:value>Belgium</sdc:value></sdc:upt1_NATION><sdc:upt1_SICP><sdc:value>6000</sdc:value></sdc:upt1_SICP><sdc:upt1_STATE><sdc:value>Foreign</sdc:value></sdc:upt1_STATE><sdc:upt1_STATUS><sdc:value>Public</sdc:value></sdc:upt1_STATUS><sdc:upt1_TICKER><sdc:value>FORB</sdc:value></sdc:upt1_TICKER><sdc:x_RANK1_VALUE><sdc:value>33.70500</sdc:value></sdc:x_RANK1_VALUE><sdc:x_RANK_HOSTRANKVAL><sdc:value>23.00000</sdc:value></sdc:x_RANK_HOSTRANKVAL><sdc:x_RANK_RANKVAL><sdc:value>33.70500</sdc:value></sdc:x_RANK_RANKVAL><sdc:x_rank_rankstgval><sdc:value>21.14500</sdc:value></sdc:x_rank_rankstgval></sdc:deal><category>Deal Information</category><alacra:ip>TF Mergers &amp; Acquisitions</alacra:ip></item><item><title>Deutsche Bank AG is rumored to be planning to acquire Fortis Prime Fund Solutions from Fortis SA/NV</title><description>SWITZERLAND - Deutsche Bank AG was rumored to be planning to acquire the entire share capital of Fortis Prime Fund Solutions, provider of financial services.</description><pubDate>22 Sep 2009 08:02:10 EST</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">251525</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">73851J</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">251525</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">34971E</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">Deutsche Bank AG</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">Fortis Prime Fund Solutions</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">Deutsche Bank AG</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">Fortis SA/NV</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/Deutsche_Bank_AG_is_rumored_to_be_planning_to_acquire_Fortis_Prime_Fund_Solutions_from_Fortis_SA_NV-2110033040</link><guid isPermaLink="false">sdc/2110033040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2110033040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2009, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_EXCHANGE><sdc:value>Frankfurt</sdc:value></sdc:a_EXCHANGE><sdc:a_MAINDUSTRY><sdc:value>Commercial Banks, Bank Holding Companies</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>Germany</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Banks</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>6000</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>FF</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Foreign</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Public</sdc:value></sdc:a_STATUS><sdc:a_TICKER><sdc:value>DBKG</sdc:value></sdc:a_TICKER><sdc:asic_SIC><sdc:value sdc:p="0">6000:Banks</sdc:value><sdc:value sdc:p="1">6282:Investment advice</sdc:value><sdc:value sdc:p="2">6289:Security and commodity services, nec</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">6000:Banks</sdc:value><sdc:value sdc:p="1">6282:Investment advice</sdc:value><sdc:value sdc:p="2">6289:Security and commodity services, nec</sdc:value></sdc:aupsic_SIC><sdc:b_MAINDUSTRY><sdc:value>Investment &amp; Commodity Firms,Dealers,Exchanges</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>Switzerland</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Security and commodity services, nec</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>6289</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>FF</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Foreign</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Subsidiary</sdc:value></sdc:b_STATUS><sdc:c_ACIDGEN><sdc:value>1801001</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Bank;pvd finl svcs</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Pvd bkg svcs</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value>Not Applicable</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Stock</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>1040145001</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Sep 22 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sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value><sdc:value sdc:p="16">17.00000</sdc:value><sdc:value sdc:p="17">18.00000</sdc:value><sdc:value sdc:p="18">19.00000</sdc:value><sdc:value sdc:p="19">20.00000</sdc:value><sdc:value sdc:p="20">21.00000</sdc:value><sdc:value sdc:p="21">22.00000</sdc:value><sdc:value sdc:p="22">23.00000</sdc:value><sdc:value sdc:p="23">24.00000</sdc:value><sdc:value sdc:p="24">25.00000</sdc:value><sdc:value sdc:p="25">26.00000</sdc:value><sdc:value sdc:p="26">27.00000</sdc:value><sdc:value sdc:p="27">28.00000</sdc:value><sdc:value sdc:p="28">29.00000</sdc:value><sdc:value sdc:p="29">30.00000</sdc:value><sdc:value sdc:p="30">31.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">Deutsche Bank AG, located in</sdc:value><sdc:value sdc:p="1">Frankfurt, Germany, provides</sdc:value><sdc:value sdc:p="2">banking and financial services</sdc:value><sdc:value sdc:p="3">to private individuals,</sdc:value><sdc:value sdc:p="4">corporate entities, and</sdc:value><sdc:value sdc:p="5">institutional clients around</sdc:value><sdc:value sdc:p="6">the world. The company is</sdc:value><sdc:value sdc:p="7">organized into three group</sdc:value><sdc:value sdc:p="8">divisions, namely: Corporate</sdc:value><sdc:value sdc:p="9">and Investment Bank, which is</sdc:value><sdc:value sdc:p="10">comprised of Corporate Banking</sdc:value><sdc:value sdc:p="11">&amp; Securities and Global</sdc:value><sdc:value sdc:p="12">Transaction Banking; Private</sdc:value><sdc:value sdc:p="13">Clients and Asset Management,</sdc:value><sdc:value sdc:p="14">which is comprised of Asset</sdc:value><sdc:value sdc:p="15">and Wealth Management and</sdc:value><sdc:value sdc:p="16">Private &amp; Business Clients;</sdc:value><sdc:value sdc:p="17">and Corporate Investments,</sdc:value><sdc:value sdc:p="18">which serves global</sdc:value><sdc:value sdc:p="19">corporations, financial</sdc:value><sdc:value sdc:p="20">institutions and sovereign and</sdc:value><sdc:value sdc:p="21">multinational organizations.</sdc:value><sdc:value sdc:p="22">The Private Clients and Asset</sdc:value><sdc:value sdc:p="23">Management Group Division</sdc:value><sdc:value sdc:p="24">primarily serves retail and</sdc:value><sdc:value sdc:p="25">small corporate customers, as</sdc:value><sdc:value sdc:p="26">well as affluent and wealthy</sdc:value><sdc:value sdc:p="27">clients, and provides asset</sdc:value><sdc:value sdc:p="28">management services to retail</sdc:value><sdc:value sdc:p="29">and institutional clients. The</sdc:value><sdc:value sdc:p="30">company was founded in 1870.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Deutsche Bank AG, located in Frankfurt, Germany, provides</sdc:value><sdc:value sdc:p="1">banking and financial services to private individuals,</sdc:value><sdc:value sdc:p="2">corporate entities, and institutional clients around the</sdc:value><sdc:value sdc:p="3">world. The company is organized into three group divisions,</sdc:value><sdc:value sdc:p="4">namely: Corporate and Investment Bank, which is comprised of</sdc:value><sdc:value sdc:p="5">Corporate Banking &amp; Securities and Global Transaction</sdc:value><sdc:value sdc:p="6">Banking; Private Clients and Asset Management, which is</sdc:value><sdc:value sdc:p="7">comprised of Asset and Wealth Management and Private &amp;</sdc:value><sdc:value sdc:p="8">Business Clients; and Corporate Investments, which serves</sdc:value><sdc:value sdc:p="9">global corporations, financial institutions and sovereign</sdc:value><sdc:value sdc:p="10">and multinational organizations. The Private Clients and</sdc:value><sdc:value sdc:p="11">Asset Management Group Division primarily serves retail and</sdc:value><sdc:value sdc:p="12">small corporate customers, as well as affluent and wealthy</sdc:value><sdc:value sdc:p="13">clients, and provides asset management services to retail</sdc:value><sdc:value sdc:p="14">and institutional clients. The company was founded in 1870.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Deutsche Bank AG, located in Frankfurt, Germany, provides banking and financial services to private individuals, corporate entities, and institutional clients around the world. The company is organized into three group divisions, namely: Corporate and Investment Bank, which is comprised of Corporate Banking &amp; Securities and Global Transaction Banking; Private Clients and Asset Management, which is comprised of Asset and Wealth Management and Private &amp; Business Clients; and Corporate Investments, which serves global corporations, financial institutions and sovereign and multinational organizations. The Private Clients and Asset Management Group Division primarily serves retail and small corporate customers, as well as affluent and wealthy clients, and provides asset management services to retail and institutional clients. The company was founded in 1870.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">Prime Fund Solutions, located</sdc:value><sdc:value sdc:p="1">in Switzerland, provides</sdc:value><sdc:value sdc:p="2">financial services.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">Prime Fund Solutions, located in Switzerland, provides</sdc:value><sdc:value sdc:p="1">financial services.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>Prime Fund Solutions, located in Switzerland, provides financial services.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>0.00000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>Y</sdc:value></sdc:i_CROSS1><sdc:i_DATEANN><sdc:value>18 Sep 09</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Fri, 18 Sep 2009 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 09/18/2009</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFFS><sdc:value>Date Effective:</sdc:value></sdc:i_DATEEFFS><sdc:i_DESCR><sdc:value>Merger</sdc:value></sdc:i_DESCR><sdc:i_DESCR1><sdc:value>Not Appl.</sdc:value></sdc:i_DESCR1><sdc:i_FEEPCT><sdc:value>0.00000</sdc:value></sdc:i_FEEPCT><sdc:i_FEETOT><sdc:value>0.00000</sdc:value></sdc:i_FEETOT><sdc:i_HOSTAFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTAFEETOT><sdc:i_HOSTENTVAL><sdc:value>0.00000</sdc:value></sdc:i_HOSTENTVAL><sdc:i_HOSTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTFEETOT><sdc:i_HOSTPR><sdc:value>0.00000</sdc:value></sdc:i_HOSTPR><sdc:i_HOSTPRLABEL><sdc:value>Price/Share</sdc:value></sdc:i_HOSTPRLABEL><sdc:i_HOSTTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTTFEETOT><sdc:i_HOSTVALUE><sdc:value>0</sdc:value></sdc:i_HOSTVALUE><sdc:i_HOSTVALUE1><sdc:value>0.00000</sdc:value></sdc:i_HOSTVALUE1><sdc:i_HOST_EQVAL><sdc:value>0.00000</sdc:value></sdc:i_HOST_EQVAL><sdc:i_HOST_RANKVAL><sdc:value>0</sdc:value></sdc:i_HOST_RANKVAL><sdc:i_HOST_RANKVAL1><sdc:value>0.00000</sdc:value></sdc:i_HOST_RANKVAL1><sdc:i_PCTACQ><sdc:value>0.00000</sdc:value></sdc:i_PCTACQ><sdc:i_PCTOWN><sdc:value>0.00000</sdc:value></sdc:i_PCTOWN><sdc:i_PR><sdc:value>0.00000</sdc:value></sdc:i_PR><sdc:i_PR_INITIAL><sdc:value>0.00000</sdc:value></sdc:i_PR_INITIAL><sdc:i_RANKVAL><sdc:value>0.00000</sdc:value></sdc:i_RANKVAL><sdc:i_RANK_HOSTRANKVAL><sdc:value>0</sdc:value></sdc:i_RANK_HOSTRANKVAL><sdc:i_RATE><sdc:value>0.00000</sdc:value></sdc:i_RATE><sdc:i_STATUS_MMC><sdc:value>N</sdc:value></sdc:i_STATUS_MMC><sdc:i_STGVAL><sdc:value>0.00000</sdc:value></sdc:i_STGVAL><sdc:i_TERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TERMFEE><sdc:i_TFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_TFEEPCT><sdc:i_TFEETOT><sdc:value>0.00000</sdc:value></sdc:i_TFEETOT><sdc:i_TTERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TTERMFEE><sdc:i_VALLIA><sdc:value>0.00000</sdc:value></sdc:i_VALLIA><sdc:i_VALNOLIA><sdc:value>0.00000</sdc:value></sdc:i_VALNOLIA><sdc:i_VALUE><sdc:value>0.00000</sdc:value></sdc:i_VALUE><sdc:j_EQVALCF><sdc:value>0.00000</sdc:value></sdc:j_EQVALCF><sdc:j_EVCF><sdc:value>0.00000</sdc:value></sdc:j_EVCF><sdc:j_EVEBIT><sdc:value>0.00000</sdc:value></sdc:j_EVEBIT><sdc:j_EVNI><sdc:value>0.00000</sdc:value></sdc:j_EVNI><sdc:j_EVSALES><sdc:value>0.00000</sdc:value></sdc:j_EVSALES><sdc:j_MPE><sdc:value>0.00000</sdc:value></sdc:j_MPE><sdc:j_MPRICEBOOK><sdc:value>0.00000</sdc:value></sdc:j_MPRICEBOOK><sdc:j_PHELD><sdc:value>0.00000</sdc:value></sdc:j_PHELD><sdc:j_PSOUGHT><sdc:value>100.00000</sdc:value></sdc:j_PSOUGHT><sdc:j_RANKVALCF><sdc:value>0.00000</sdc:value></sdc:j_RANKVALCF><sdc:j_RANKVALEB><sdc:value>0.00000</sdc:value></sdc:j_RANKVALEB><sdc:j_RANKVALNA><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNA><sdc:j_RANKVALNI><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNI><sdc:j_RANKVALSALES><sdc:value>0.00000</sdc:value></sdc:j_RANKVALSALES><sdc:j_VALEB><sdc:value>0.00000</sdc:value></sdc:j_VALEB><sdc:j_VALNI><sdc:value>0.00000</sdc:value></sdc:j_VALNI><sdc:j_VALSALES><sdc:value>0.00000</sdc:value></sdc:j_VALSALES><sdc:m_AMV><sdc:value>0.00000</sdc:value></sdc:m_AMV><sdc:m_CF3YGR><sdc:value>0.00000</sdc:value></sdc:m_CF3YGR><sdc:m_CF5YGR><sdc:value>0.00000</sdc:value></sdc:m_CF5YGR><sdc:m_DCR><sdc:value>0.00000</sdc:value></sdc:m_DCR><sdc:m_ENTVAL><sdc:value>0.00000</sdc:value></sdc:m_ENTVAL><sdc:m_EPS3YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS3YGR><sdc:m_EPS5YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS5YGR><sdc:m_LTD><sdc:value>0.00000</sdc:value></sdc:m_LTD><sdc:m_MV><sdc:value>0.00000</sdc:value></sdc:m_MV><sdc:m_NETASS><sdc:value>0.00000</sdc:value></sdc:m_NETASS><sdc:m_NETASS3YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS3YGR><sdc:m_NETASS5YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS5YGR><sdc:m_NI3YGR><sdc:value>0.00000</sdc:value></sdc:m_NI3YGR><sdc:m_NI5YGR><sdc:value>0.00000</sdc:value></sdc:m_NI5YGR><sdc:n_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">SWITZERLAND - Deutsche Bank</sdc:value><sdc:value sdc:p="1">AG was rumored to be planning</sdc:value><sdc:value sdc:p="2">to acquire the entire share</sdc:value><sdc:value sdc:p="3">capital of Fortis Prime Fund</sdc:value><sdc:value sdc:p="4">Solutions, provider of</sdc:value><sdc:value sdc:p="5">financial services.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>SWITZERLAND - Deutsche Bank AG was rumored to be planning to acquire the entire share capital of Fortis Prime Fund Solutions, provider of financial services.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">SWITZERLAND - Deutsche Bank AG was rumored to be planning to acquire the entire share</sdc:value><sdc:value sdc:p="1">capital of Fortis Prime Fund Solutions, provider of financial services.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value>SWITZERLAND - Deutsche Bank AG was rumored to be planning to acquire the entire share capital of Fortis Prime Fund Solutions, provider of financial services.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">SWITZERLAND - Deutsche Bank AG was rumored to be planning to acquire the entire share capital of Fortis Prime Fund Solutions, provider of</sdc:value><sdc:value sdc:p="1">financial services.</sdc:value></sdc:n_synopsis5><sdc:q_DESCR><sdc:value>Rumor</sdc:value></sdc:q_DESCR><sdc:q_HOSTANETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTANETASS><sdc:q_HOSTANILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTANILTM><sdc:q_HOSTASALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTASALESLTM><sdc:q_HOSTATASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTATASS><sdc:q_HOSTBOOKVALUE><sdc:value>0.00000</sdc:value></sdc:q_HOSTBOOKVALUE><sdc:q_HOSTCASHFLOW><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW><sdc:q_HOSTCASHFLOW1><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW1><sdc:q_HOSTCASHFLOW2><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW2><sdc:q_HOSTCASHFLOW3><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW3><sdc:q_HOSTCASHFLOW4><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW4><sdc:q_HOSTCASHFLOW5><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW5><sdc:q_HOSTCOMMONEQUITY><sdc:value>0.00000</sdc:value></sdc:q_HOSTCOMMONEQUITY><sdc:q_HOSTEBITLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEBITLTM><sdc:q_HOSTEPS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS1><sdc:q_HOSTEPS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS2><sdc:q_HOSTEPS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS3><sdc:q_HOSTEPS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS4><sdc:q_HOSTEPS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS5><sdc:q_HOSTEPSLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPSLTM><sdc:q_HOSTNETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS><sdc:q_HOSTNETASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS1><sdc:q_HOSTNETASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS2><sdc:q_HOSTNETASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS3><sdc:q_HOSTNETASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS4><sdc:q_HOSTNETASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS5><sdc:q_HOSTNI1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI1><sdc:q_HOSTNI2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI2><sdc:q_HOSTNI3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI3><sdc:q_HOSTNI4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI4><sdc:q_HOSTNI5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI5><sdc:q_HOSTNILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTNILTM><sdc:q_HOSTPTINC1><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC1><sdc:q_HOSTPTINC2><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC2><sdc:q_HOSTPTINC3><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC3><sdc:q_HOSTPTINC4><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC4><sdc:q_HOSTPTINC5><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC5><sdc:q_HOSTPTINCLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINCLTM><sdc:q_HOSTSALES1><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES1><sdc:q_HOSTSALES2><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES2><sdc:q_HOSTSALES3><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES3><sdc:q_HOSTSALES4><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES4><sdc:q_HOSTSALES5><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES5><sdc:q_HOSTSALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALESLTM><sdc:q_HOSTTASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS><sdc:q_HOSTTASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS1><sdc:q_HOSTTASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS2><sdc:q_HOSTTASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS3><sdc:q_HOSTTASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS4><sdc:q_HOSTTASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS5><sdc:q_STATUS><sdc:value>Status:Rumor</sdc:value></sdc:q_STATUS><sdc:r_PE><sdc:value>-999.00000</sdc:value></sdc:r_PE><sdc:r_PE_PRINT><sdc:value>np</sdc:value></sdc:r_PE_PRINT><sdc:r_PFTMARG><sdc:value>0.00000</sdc:value></sdc:r_PFTMARG><sdc:r_PRICEBOOK><sdc:value>-999.00000</sdc:value></sdc:r_PRICEBOOK><sdc:r_PRICEBOOK_PRINT><sdc:value>np</sdc:value></sdc:r_PRICEBOOK_PRINT><sdc:r_PTINC3YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC3YGR><sdc:r_PTINC5YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC5YGR><sdc:r_ROE><sdc:value>0.00000</sdc:value></sdc:r_ROE><sdc:r_SALES3YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES3YGR><sdc:r_SALES5YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES5YGR><sdc:r_SE><sdc:value>0.00000</sdc:value></sdc:r_SE><sdc:r_TASS3YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS3YGR><sdc:r_TASS5YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS5YGR><sdc:r_TTCFMULT><sdc:value>0.00000</sdc:value></sdc:r_TTCFMULT><sdc:r_TTEBITMULT><sdc:value>0.00000</sdc:value></sdc:r_TTEBITMULT><sdc:r_VALNA><sdc:value>0.00000</sdc:value></sdc:r_VALNA><sdc:sic_SIC><sdc:value sdc:p="0">6282:Investment advice</sdc:value><sdc:value sdc:p="1">6289:Security and commodity services, nec</sdc:value></sdc:sic_SIC><sdc:upa_UPACIDGEN><sdc:value>1801001</sdc:value></sdc:upa_UPACIDGEN><sdc:upa1_EXCHANGE><sdc:value>Frankfurt</sdc:value></sdc:upa1_EXCHANGE><sdc:upa1_NATION><sdc:value>Germany</sdc:value></sdc:upa1_NATION><sdc:upa1_SICP><sdc:value>6000</sdc:value></sdc:upa1_SICP><sdc:upa1_STATE><sdc:value>Foreign</sdc:value></sdc:upa1_STATE><sdc:upa1_STATUS><sdc:value>Public</sdc:value></sdc:upa1_STATUS><sdc:upa1_TICKER><sdc:value>DBKG</sdc:value></sdc:upa1_TICKER><sdc:upsic_SIC><sdc:value sdc:p="0">6000:Banks</sdc:value><sdc:value sdc:p="1">6282:Investment advice</sdc:value><sdc:value sdc:p="2">6311:Life insurance</sdc:value><sdc:value sdc:p="3">6321:Accidental and health insurance</sdc:value><sdc:value sdc:p="4">6331:Fire, marine, and casualty insurance</sdc:value><sdc:value sdc:p="5">6351:Surety insurance</sdc:value><sdc:value sdc:p="6">6722:Management investment 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Acquisitions</alacra:ip></item><item><link>http://www.alacrastore.com/research/s-and-p-credit-research-Research_Update_Fortis_SA_NV_And_Fortis_N_V_Issuer_Credit_Ratings_Raised_To_BBB_Ratings_Raised_On_Various_Fortis_Hybrid_Instruments-737629</link><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">737629</spcred:docid><guid isPermaLink="false">spcred/737629</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">pubfin</spcred:dataset><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">structured</spcred:dataset><pubDate>03 Aug 2009 03:31:29 EST</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><title>Research Update: Fortis SA/NV And Fortis N.V. 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FORTIS (Group); Fortis Capital (Asia) Limited; ...</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">809653465</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">809469876</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">809406145</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">808003959</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">807931579</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600066208</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600047377</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600007929</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">2507</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">15 Jul 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Rating Action</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>Moody's confirms AG Insurance's (formerly Fortis Insurance Belgium) A2 IFSR, downgrades Fortis Holdings' issuer rating to Baa3</title><description>Global Credit Research Rating Action ## JUL ####   Rating Action: Fortis Insurance Belgium Moody's confirms AG Insurance's (formerly Fortis Insurance Belgium) A# IFSR, downgrades Fortis Holdings' issuer rating to Baa# Negative outlook...</description><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><title>London Stock Exchange Grp PLC is rumored to be looking for a minority stake in European Multilateral Clearing from Fortis SA/NV</title><description>NETHERLANDS - London Stock Exchange Group PLC of UK was rumored to be planning to acquire undisclosed minority stake in European Multilateral Clearing Facility NV, provider of securities clearing services.</description><pubDate>15 Jul 2009 07:09:31 EST</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">54210P</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">30002J</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">54210P</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">34971E</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">London Stock Exchange Group PLC</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">European Multilateral Clearing Facility NV</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">London Stock Exchange Group PLC</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">Fortis SA/NV</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/London_Stock_Exchange_Grp_PLC_is_rumored_to_be_looking_for_a_minority_stake_in_European_Multilateral_Clearing_from_Fortis_SA_NV-2090694040</link><guid isPermaLink="false">sdc/2090694040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2090694040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2009, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_EXCHANGE><sdc:value>London</sdc:value></sdc:a_EXCHANGE><sdc:a_MAINDUSTRY><sdc:value>Investment &amp; 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Founded in</sdc:value><sdc:value sdc:p="4">2006.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">London Stock Exchange Group PLC, located in the United</sdc:value><sdc:value sdc:p="1">Kingdom, provides stock exchange services. Founded in 2006.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>London Stock Exchange Group PLC, located in the United Kingdom, provides stock exchange services. Founded in 2006.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">European Multilateral Clearing</sdc:value><sdc:value sdc:p="1">Facility NV, located in</sdc:value><sdc:value sdc:p="2">Netherlands, provides</sdc:value><sdc:value sdc:p="3">securities clearing services.</sdc:value><sdc:value sdc:p="4">The company was founded in</sdc:value><sdc:value sdc:p="5">2007.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">European Multilateral Clearing Facility NV, located in</sdc:value><sdc:value sdc:p="1">Netherlands, provides securities clearing services. 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sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">NETHERLANDS - London Stock</sdc:value><sdc:value sdc:p="1">Exchange Group PLC of UK was</sdc:value><sdc:value sdc:p="2">rumored to be planning to</sdc:value><sdc:value sdc:p="3">acquire undisclosed minority</sdc:value><sdc:value sdc:p="4">stake in European</sdc:value><sdc:value sdc:p="5">Multilateral Clearing</sdc:value><sdc:value sdc:p="6">Facility NV, provider of</sdc:value><sdc:value sdc:p="7">securities clearing services.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>NETHERLANDS - London Stock Exchange Group PLC of UK was rumored to be planning to acquire undisclosed minority stake in European Multilateral Clearing Facility NV, provider of securities clearing services.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">NETHERLANDS - London Stock Exchange Group PLC of UK was rumored to be planning to acquire</sdc:value><sdc:value sdc:p="1">undisclosed minority stake in European Multilateral Clearing Facility NV, provider of</sdc:value><sdc:value sdc:p="2">securities clearing services.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value sdc:p="0">NETHERLANDS - London Stock Exchange Group PLC of UK was rumored to be planning to acquire undisclosed minority stake in European Multilateral Clearing Facility NV, provider of securities clearing</sdc:value><sdc:value sdc:p="1">services.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">NETHERLANDS - London Stock Exchange Group PLC of UK was rumored to be planning to acquire undisclosed minority stake in European</sdc:value><sdc:value sdc:p="1">Multilateral Clearing Facility NV, provider of securities clearing 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Acquisitions</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/496556_pr_frame</link><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">496556_pr_frame</fitch:docid><guid isPermaLink="false">fitch/496556_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Ukrsibbank BNP Paribas Group</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">BNP Paribas El Djazair</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">BNP Paribas US Medium-Term Note Program LLC</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">BancWest Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Banque Marocaine pour le Commerce et l'Industrie</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">BNP Paribas Capital Trust IV</fitch:company><fitch:company 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Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-European_Banks_2003_Wrap_Platform_for_Growth-12472</link><cs:docid xmlns:cs="http://www.alacra.com/cs">12472</cs:docid><guid isPermaLink="false">cs/12472</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">2003 a year of cost and risk reduction...now for revenue growth?</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">sadamson</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">hvb</cs:company><cs:company 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xmlns:cs="http://www.alacra.com/cs">no</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">nl</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">de</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">fr</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">fi</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">ch</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">se</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">es</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">dk</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">gb</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">be</cs:country><cs:csid xmlns:cs="http://www.alacra.com/cs">12472</cs:csid><pubDate>30 Jun 2009 02:09:43 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">12472</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:sector xmlns:cs="http://www.alacra.com/cs">banks</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sector><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tag><title>European Banks 2003 Wrap: Platform for Growth?</title><description> European Banks #### Wrap: Platform for Growth? #### was a year of successful cost control and risk reduction for most European banks, but income growth was elusive 
As confidence returns, the focus is now shifting from cutting costs...</description><cs:type xmlns:cs="http://www.alacra.com/cs">SectorComment</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Sector Article</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">4025</cs:wcnum><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Euro_Financial_Movers_Tender_Spot-85841</link><cs:docid xmlns:cs="http://www.alacra.com/cs">85841</cs:docid><guid isPermaLink="false">cs/85841</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">Light newsflow as the markets start to contemplate 2Q09 earnings</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">sadamson</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">jraymond</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">credit_suisse</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">deutsche_bank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">credit_agricole</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">dnb_nor</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">standard_chartered</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">allied_irish</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">northern_rock</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">ubs</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">anglo_irish_bank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">fortis</cs:company><cs:csid xmlns:cs="http://www.alacra.com/cs">85841</cs:csid><pubDate>28 Jun 2009 05:09:00 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">85841</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:sector xmlns:cs="http://www.alacra.com/cs">banks</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">insurance</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sector><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><title>Euro Financial Movers: Tender Spot</title><cs:type xmlns:cs="http://www.alacra.com/cs">euroFinancialMovers</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Euro Financial Movers</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">1542</cs:wcnum><description> Euro Financial Movers: Tender Spot There was a summer holiday feel to the markets last week, with both equities and bonds appearing to have settled into a narrow trading band 
Newsflow on financials has been light, with the next excitement...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Euro_Financial_Movers_Sub_Debt_Downgrade-85313</link><cs:docid xmlns:cs="http://www.alacra.com/cs">85313</cs:docid><guid isPermaLink="false">cs/85313</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">We change our sector recommendation on European bank sub debt from Overweight to Market Weight in the wake of the recent spread rally and some troubling comments from regulators on subordinated debt.</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">sadamson</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">jraymond</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">seb</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">allied_irish</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">swedbank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">lloyds_tsb</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">credit_agricole</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">fortis</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">anglo_irish_bank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">barclays</cs:company><cs:csid xmlns:cs="http://www.alacra.com/cs">85313</cs:csid><pubDate>15 Jun 2009 03:10:00 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">85313</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:sector xmlns:cs="http://www.alacra.com/cs">insurance</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">banks</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sector><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">cds_relative_value_tracker</cs:tag><title>Euro Financial Movers: Sub Debt Downgrade</title><cs:type xmlns:cs="http://www.alacra.com/cs">euroFinancialMovers</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Euro Financial Movers</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">1598</cs:wcnum><description> Euro Financial Movers: Sub Debt Downgrade We change our sector recommendation on EuropeanÂ bank sub debtÂ from Overweight to Market Weight in the wake of the recent spread rally and some troubling comments from regulators on subordinated...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Euro_Financial_Movers_Non_Call_Calm-85033</link><cs:docid xmlns:cs="http://www.alacra.com/cs">85033</cs:docid><guid isPermaLink="false">cs/85033</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">Both equity and credit markets stayed calm in the week Deutsche Bank acknowledged it is not calling a Tier 1 at the step-up date. Potential deferrals remain the hotter topic.</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">jraymond</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">sadamson</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">bayerische_landesbank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">commerzbank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">fortis</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">bank_of_ireland</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">deutsche_bank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">banca_monte_dei_paschi_di_siena</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">barclays</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">unicredit</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">allied_irish</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">intesa_sanpaolo</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">lloyds_tsb</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">royal_bank_of_scotland</cs:company><cs:country xmlns:cs="http://www.alacra.com/cs">se</cs:country><cs:csid xmlns:cs="http://www.alacra.com/cs">85033</cs:csid><pubDate>08 Jun 2009 03:09:48 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">85033</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:sector xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sector><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><title>Euro Financial Movers: Non-Call Calm</title><cs:type xmlns:cs="http://www.alacra.com/cs">euroFinancialMovers</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Euro Financial Movers</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">1065</cs:wcnum><description> Euro Financial Movers: Non-Call Calm It was a quiet week, with most European financials stocks trading in a +/-#% range 
Equities were troubled by the situation in Latvia, but not by much else 
Credit markets shrugged off Deutsche Bank's...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Euro_Bank_Deferrals_amp_Calls_Past_Present_Future-84902</link><cs:docid xmlns:cs="http://www.alacra.com/cs">84902</cs:docid><guid isPermaLink="false">cs/84902</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">The number of banks deferring interest payments or not redeeming callable securities is still quite low...but rising</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">sadamson</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">jraymond</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">nkwofie</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">anglo_irish_bank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">allied_irish</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">landesbank_saar</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">bank_of_ireland</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">deutsche_bank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">lloyds_tsb</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">royal_bank_of_scotland</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">northern_rock</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">hsh_nordbank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">bayerische_landesbank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">allianz</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">fortis</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">commerzbank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">bradford_bingley</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">depfa_bank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">kbc_bank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">hypo_alpe_adria_bank</cs:company><cs:csid xmlns:cs="http://www.alacra.com/cs">84902</cs:csid><pubDate>02 Jun 2009 11:09:00 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">84902</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:sector xmlns:cs="http://www.alacra.com/cs">banks</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sector><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><title>Euro Bank Deferrals &amp;amp; Calls: Past, Present, Future</title><cs:type xmlns:cs="http://www.alacra.com/cs">SectorComment</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Sector Article</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">3601</cs:wcnum><description> Euro Bank Deferrals &amp;amp; Calls: Past, Present, Future We recap the banks that have deferred interest on hybrid securities...and those that came close but have avoided the stigma so far 
We also update our list of banks that have failed...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/480777_pr_frame</link><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">480777_pr_frame</fitch:docid><guid isPermaLink="false">fitch/480777_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Fortis Luxembourg Finance S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Fortis Finance N.V.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Fortis Hybrid Financing</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Fortis SA/NV</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360551</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">87989583</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80362406</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">85600273</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83362661</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">86630123</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360599</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80362407</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">87479778</fitch:companyid><pubDate>02 Jun 2009 10:16:00 EST</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">03031500</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010200</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010100</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">85</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Press Release</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">FORB</fitch:ticker><title>Fitch Assigns Goldfish Master Issuer's Series 0-2009-1 Nts Final 'AAA' &amp; 'AA-' Rtgs; Outlook Stable</title><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Euro_Financial_Movers_Curtain_Calls-84784</link><cs:docid xmlns:cs="http://www.alacra.com/cs">84784</cs:docid><guid isPermaLink="false">cs/84784</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">Markets were relatively stable as the debate over interest deferral and extension risk was fuelled by several banks choosing to call or not call, and to pay interest or not pay.</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">sadamson</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">jraymond</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">seb</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">swedbank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">banca_monte_dei_paschi_di_siena</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">northern_rock</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">bradford_bingley</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">societe_generale</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">commerzbank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">fortis</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">bank_of_ireland</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">kbc_bank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">deutsche_bank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">nationwide_building_society</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">dresdner_bank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">bnp_paribas</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">anglo_irish_bank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">allied_irish</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">dnb_nor</cs:company><cs:csid xmlns:cs="http://www.alacra.com/cs">84784</cs:csid><pubDate>01 Jun 2009 03:08:54 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">84784</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:sector xmlns:cs="http://www.alacra.com/cs">banks</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">insurance</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sector><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><title>Euro Financial Movers: Curtain Calls</title><cs:type xmlns:cs="http://www.alacra.com/cs">euroFinancialMovers</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Euro Financial Movers</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">1847</cs:wcnum><description> Euro Financial Movers: Curtain Calls In the absence of significant items of news last week, equities finished a little higher, while credit spreads were broadly unchanged 
Most attention was again on interest deferral and extension...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/477016_pr_frame</link><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">477016_pr_frame</fitch:docid><guid isPermaLink="false">fitch/477016_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Fortis Luxembourg Finance S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Fortis Brussels NV</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Fortis Finance N.V.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Fortis Hybrid Financing</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Fortfinlux S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Fortis Insurance NV</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Fortis SA/NV</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Fortis Utrecht N.V.</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80362406</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360551</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360553</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360599</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83362661</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81766267</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360554</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361295</fitch:companyid><pubDate>21 May 2009 10:23:00 EST</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010100</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010200</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010300</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">85</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Press Release</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">FORB</fitch:ticker><title>Fitch Changes Rating Watch on Fortis Holding Companies to Positive</title><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. 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