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Headline: Bond overview – Europe’s battle of the bulge Source: Euromoney Date: February 2000 Author: Peter Lee The biggest opportunities for growth and profits in the fixed-income world in 2000 are in Europe. Corporate bonds, high-yield, securitization will flourish. There will be a fierce contest, as all manner of intermediaries – commercial and investment banks, Americans and Europeans fight for a place in the bond bulge bracket. According to the US model this should guarantee the eventual winners a honey-pot combination of high market share and profitability. |
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