In a move that industry obsewers speculate could eventually work against it, Bankers Trust New York Corp. has undertaken an internal review of its derivatives sales practices and reassigned five executives who were directly involved in selling financial instruments to Procter & Gamble Co. and Gibson Greetings Inc.

The observers noted that the reassignments could be viewed as an admission of fault by Bankers Trust, giving Procter & Gamble and Gibson Greetings the upper hand in their separate lawsuits against the bank.

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