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Lehman to prepare banks for saLehman Brothers, the bankrupt investment bank, said it intends to use some of its cash to recapitalise two subsidiary banks to prepare them for sale
JPMorgan to close 'prop&#JPMorgan Chase is to close the commodity unit that trades with the bank's own money as Wall Street moves to comply with new US financial services rules ban
MF Global to enter money managMF Global Holdings is to make a push into money management and investment banking, in an effort to capitalise on the derivatives brokerage's strength in co