First Albany CEO cites revenue declines in exiting corporate bond
Albany Business Journal - First Albany Capital Inc., the broker/dealer subsidiary of First Albany Companies Inc. , is exiting the corporate bond business and will be closing its Taxable Fixed Income Corporate Bond Department during the second quarter. "A changing environment

Dresdner Bank to axe hundreds more jobs
Turkish Press - Dresdner Bank chairman Herbert Walter. The Frankfurter Allgemeine Zeitung said Dresdner Bank -- the banking arm of German insurance giant Allianz -- is to cut several hundred jobs as part of a reorganisation of its activities into two main divisions