The Banker's editors travel far and wide to bring our readers up-to-date coverage of banking markets around the world. As a result, we have many impressions and memories of foreign locations. To celebrate The Banker's 1000th issue we decided to reverse the process and ask the managers of foreign banks in London for their views of the City. Here are their responses...
In the 12 months since last year's Deals of the Year, the bad news just kept on coming. Venerable names disappeared; others remain but in a different guise. Yet despite the turmoil, the number and quality of entries this year was extremely high. The Banker's judges considered 416 deals from 102 banks worldwide, which made clear the growing strength of regional banks and were proof indeed that good deals can get done in bad markets.
The banking sector across emerging Europe is varied, and although even its most dynamic economies are being impeded by the slowdown, forecasts suggest they have the growth potential to bounce back, reports UniCredit Group's global economics, fixed income and foreign exchange research team.