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Headline: Equities: after the flood Source: Euromoney Date: September 2000 Author: Michael Peterson more on Equities Equity capital market bankers are in a state of shock. It’s not simply that their market has seen record volumes of issuance this year. It is rather that the international equities market has gone through an entire lifecycle of change in less than 12 months. Michael Peterson reports Only a year ago the new economy was still a wholly American concept. There had been no more than a couple of internet IPOs in Europe, and these equities were languishing below their issue price. |
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