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The implied yield on 3-month December '07 Eurodollars rose 4 bps to 4.79%. Benchmark Fannie Mae MBS yields jumped 7 bps to 5.86%, with MBS notably ... New bank will serve midsized businessesA. William "Bill" Schenck III, who resigned as state banking secretary last month, is forming a new bank -- TriState Capital Bank -- to be based Downtown and employ about 65 people.
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