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Best Global corporate restructuring house: Goldman Sachs |
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Also nominated: Lazard and Moelis |
Evaluating candidates for the best global restructuring house always involves two considerations: advisory firms argue that banks are too conflicted to be meaningful players and banks argue that it is their access and insight that gives them a better perspective on restructuring solutions. The strength of either argument changes with market conditions but Goldman Sachs, Euromoney’s restructuring house for 2011, has ably demonstrated the benefits of the latter proposition this year.
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