Calyon, Fimat linked in merger speculation

Speculation that Calyon and Fimat could be the next FCMs to seal a merger spread across the market last week, with one source telling FO Week that an announcement was imminent. 

Suggestions of behind the scenes talks between the two banks have gathered momentum over the past week, though Fimat and Calyon declined to comment on market speculation. However, an informed source said he understood an announcement of the...