Rival Bank of America, which is usually the bank to lead declines, is down dropped 3%.
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The prime-brokerage sales staff cited long-standing practices at the firm prohibiting doing so when the bank is lead underwriter on an IPO, according to the people.
With a Gallic esprit that irritated its allies to distraction, France has nominated Jean-Claude Trichet, head of the Bank of France, to lead the new central bank Europe requires when the single currency is launched.
Bank failures would lead to bankrupt banks unable to meet their derivative obligations to their counterparties.
But Rep. Posey fears bank information may lead to kidnappings or terrorist actions.
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Kingfisher's creditors may start seizing and selling the carrier's property, an executive with the lead bank in a lenders' consortium said.
And about a year later Morgan Stanley was the lead bank on its IPO, the deal that effectively launched the Internet into the mainstream.
"It is good to see a major bank taking a lead on climate change, " said Peter Knight, director of Context, a London-based corporate responsibility consultancy.
South Korea's central bank followed the lead taken by other central banks a day earlier, slashing its key interest rate by a quarter percent, the Yonhap news agency reported.
Bank of America profited from a big options bet it made on an alcohol-company stock days before the beverage maker announced an acquisition in which the bank was the lead lender.
The focus is increasingly on country's own efforts to alleviate poverty, with the World Bank - the lead anti-poverty organisation - providing guidance and advice, and at times loans for specific programmes.
Lazard advised the New York Stock Exchange in its pending reverse merger with Archipelago Holdings (nyse: AX - news - people ). (Goldman Sachs, which first brought the idea to NYSE and Archipelago, is the lead bank on the Lazard IPO).
"Citi's role as the lead bank in Google Wallet is the latest demonstration of how we are committed to becoming the world's digital bank, providing to customers the tools they need to manage their everyday finances with convenience and value, " said Paul Galant, CEO, Citi Global Enterprise Payments.
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It could be argued that the Barclays investigation and testimony cost Bank of England Deputy governor Paul Tucker a chance to lead the UK central bank.
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This bank recapitalization would ultimately lead to the nationalization of the banks.
Goldman is the lead investment bank for the IPO of one of the most egregious of such state-owned enterprises, the Bank of China.
In late October Union Bank of Switzerland was lead manager for Nichiei in the largest pure overseas share issue ever by a Japanese firm.
Gordon Brown predicted that the range of measures being taken by the Treasury and Bank of England would lead to greater lending for businesses.
And the waters were muddied last month when Deutsche Bank, one of the issue's lead managers, pondered buying the bank itself before apparently finding it too dear.
For example, the links between a company desirous of going public and its lead merchant bank, underwriters, stock exchange and credit rating agencies--as well as the fees they earn--are well established and easily understood.
Weaker domestic demand and an unclear international environment should lead the Central Bank to pause its tightening cycle.
Since then Mr Brown has seen off terrorists, floods, sick cows and anxious bank depositors to consolidate his lead.
"That was a difficult time, " says George Lyman, a senior vice president at Bank of America, the lead lender.
Morgan Stanley, Deutsche Bank and Credit Suisse are lead underwriters on the offering.
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Who will lead the World Bank, and how would that person be selected?
There are many people around the world of great distinction and demonstrated capacity who can effectively lead the World Bank.
BBC: NEWS | Americas | Head-to-Head: The right choice for the World Bank?
Jose Garcia-Cantera, an analyst with Salomon Brothers, an investment bank, says the foreigners often lead in driving down costs, particularly with more efficient management in the back office.
If Bernanke can't get it right regarding the greenback, let's hope he at least takes the lead in beating back bank regulators and auditors who are still pressuring banks to curb lending and write down the value of existing and still good loans.
Bank of America was even weaker, losing 2.7% to lead the Dow decliners after The Wall Street Journal reported that the bank was willing to retreat from some parts of the country if its financial problems deepen.
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