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That has led to a big fall in transaction volumes.Other smart addresses are also suffering.
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NatWest, which is owned by the bailed-out Royal Bank of Scotland, pointed to a 56% fall in transactions at the branch since 2011.
"Looking back at recent external shocks to the market, events like the Russian rouble crisis in 1998 and 9/11, there have been falls in transactions – outside London these have dropped by about 5%, while in London it has been around 15%. I'd expect something similar now.
The fall in actual transactions also led a number of traders and senior managers at global banks to manipulate the rate, according to regulatory filings.
A spokeswoman for RBS said "the world had changed since then", and there had been a 30% fall in branch transactions over the last four years.
The company may also turn to smaller acquisitions, what Mr. Stephenson called "tuck-in" transactions that fall far short of the expansiveness of the T-Mobile deal.
A lot of times, when companies do deals in a place, their managers fall in love with the transaction.
Given the fact that Activision's market value went up by a billion dollars on the announcement of the deal and did not fall in the wake of the transaction, shareholder approval seems a certainty.
Investors were alarmed by figures showing a 1% fall in the average number of transactions per store.
After first debuting in spring 2012, the company grew to reach 75 businesses by that fall, totaling over $1 million in transactions.
No, when compared with Transaction 2. By comparison with Transaction 2, the "wrong" in Transaction 1 is not free floating.
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