LOOSE CHANGE

LOOSE CHANGE

Whether or not the proposed merger of Bayerische Vereinsbank (BVB) and Bayerische Hypotheken-und Wechsel-Bank (Hypobank) will go ahead as planned will be unveiled Tuesday, following the completion of a share exchange offer made last week, says an official at Hypobank. BVB and Hypobank previously announced plans to merge their operations by the first half of 1998, creating the second largest bank in Europe behind Deutsche Bank (FXW, July 28).

Dow Jones Markets and Omega Research announced that

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