At the end of each of the hundreds of interviews with bankers that are part of judging its annual Awards for excellence, Euromoney asks them to give an honest assessment, not for attribution, of the opposition. There’s been a common theme this year. “Goldman Sachs is a phenomenally well-run firm,” says a senior banker at one of its big US rivals. His counterpart at a leading European firm agrees: “We’re working our guts out, and have been for years, to build the kind of corporate franchise Goldman Sachs has.
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