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TSI take off closer as trade-tax law sees light of day

Seven new banks signed the joint letter of intent associated with the much-anticipated German true-sale initiative, drawn up between the original six participating institutions earlier this year (see ASR 6/9). Thirteen banks are now part of the initiative, including: Commerzbank, Deutsche Bank, Dresdner Bank, DZ BANK, HVB Group, KfW,...

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