MIDLAND SETS UP SUBSIDIARY IN FINLAND
Midland Bank Plc <MDBL.L> said its
<Midland Montagu> investment banking arm has set up a
subsidiary in Finland, <Midland Montagu Osakepankki>.
    It said in a statement the new unit, the first Finnish
subsidiary of a U.K. Bank, is a member of the Helsinki Stock
Exchange. As such, it will be active in equity trading and will
advise on new issues, listings, mergers and acquisitions.
    It will also help raising equity and debt capital and
provide a full range of foreign exchange and treasury products.
In the domestic money market, it will manage commercial paper
issues and will trade in CD's and Treasury Bills.
 Reuter
