Just beaten last year by Warburg Dillon Read, Salomon Smith Barney wins this year’s corporate bond house award for its continued and growing success worldwide.
The successful integration of the investment bank with the relationship bank and balance sheet of Citibank has been a large factor.
Although Salomon Brothers did compete before the merger with Travelers in 1997, it had the risk profile of a hedge fund, and much of the firm’s resources were placed there.
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