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World IN BRIEF : FRANCE

Bank Executives Held by Employees

January 20, 1997|From Times Wire Reports

Angry employees holding the top executives of the Credit Foncier bank dug in their heels on the third day of a standoff with the French government over job security and the fate of the bank. Several hundred employees occupying the Paris headquarters of the property lender announced they would open the bank for business as usual today but still bar the captive executives from leaving. They allowed bank governor Jerome Meysonnier to hold a news conference inside the bank.

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