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Investment banking in emerging Europe is not for the faint-hearted. In the 25 years since the introduction of market economics, the region has ridden a roller coaster from the highs of post-Communist privatization and EU accession to the lows of the global financial and eurozone crises.
At times deal flow in many sectors has all but dried up, putting local hopefuls out of business and sending global bankers scurrying back to the safety of London or Frankfurt.
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