I have seen a fair few mergers in my time working for investment banks;
I worked for HSBC in the early nineties when the they merged (or took over) Midland Bank and formed Midland Global Markets
I worked for Bankers' Trust when they merged (or took over) NatWest Markets. Deutsche Bank then took over Bankers' Trust.
I worked for JP Morgan when then were bought out by Chase Manhattan
It is a funny and incestuous industry.
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