Fitel, Chichilnisky Seek Fresh Start
THIS WEEK'S LEAD STORIES
While the technology implications of the Group of Thirty proposal aren't fully clear, both the current and former management of Fitel Ltd. smell business opportunity in the Group's ambitious recommendations. Fitel, through its Financial Telecommunications operating units, provides automated post- trade processing for international securities transactions.
How much progress Fitel's current or former management can make, however, may hinge on the outcome of the well-publicized dispute over control
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