As Taiwan's main stock exchange continues to slide,
a mutual fund manager predicts banks will lead a recovery.
Merrill Lynch will pay those who had losses on World
Income and Global Income portfolios in certain 1993 periods.
Investors poured money into domestic stock funds as the
market rallied at month's end.
BankAmerica has completed its acquisition of Robertson
Stephens, a San Francisco-based investment banking firm.
