Mad as a midsummer banker

Mad as a midsummer banker

Headline: Mad as a midsummer bankerSource: EuromoneyDate: August 2001Author: Tom Marshall Bertrand Collomb Around this time of year bankers are struck by a strange affliction. Maybe they’re bored – summer markets are notoriously quiet – or perhaps they reckon most people will be on vacation and won’t notice. Whatever the reason, […]

Headline: Mad as a midsummer banker
Source: Euromoney
Date: August 2001
Author: Tom Marshall







Bertrand Collomb

Around this time of year bankers are struck by a strange affliction. Maybe they’re bored – summer markets are notoriously quiet – or perhaps they reckon most people will be on vacation and won’t notice. Whatever the reason, there’s a marked increase in silly deals. Two recent issues have left observers scratching their heads.

What’s particularly baffling is that bankers are skating on thin ice in one of the safest areas of the market – convertibles.

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Mad as a midsummer banker

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