The mood at the top tables at the recent Euromoney Awards for Excellence dinner was buoyant. At the awards ceremony in 2009, senior bankers were reeling from the credit crunch. In 2010, they were reeling from the public and regulatory backlash. But this year, people were genuinely in a good mood. At one stage, I looked up from talking to my neighbour, Jamie Forese – head of securities and banking at Citi – and I saw across the table Barclays Capital’s Rich Ricci, Morgan Stanley’s Franck Petitgas and Citi’s John Havens all roaring with laughter.
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