The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookiesbefore using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Finance: Quotes of the month

November 2020


“AT1s and equity are closely matched asset classes whose fortunes have markedly diverged”

David Marks, chairman of FIG DCM at JPMorgan, explores risk appetite at the bottom of the bank capital stack

“It is difficult to see how many banks in Europe will be able to cover their cost of equity on a standalone basis”

José Meseguer, co-head of Citi’s financial institutions investment banking in Europe, sees bank mergers as inevitable

“No one creates a conservative enough financial policy to get them through a three-month period of shutdown – and they shouldn’t”

Lockdowns have placed enormous pressure on the corporate world, says Jonny Fine, head of investment grade syndicate at Goldman Sachs

“Covid helped us in many ways. It has stopped foreign strategic bidders from getting into the process, and Japanese strategics had their own issues domestically”

Atsuhiko Sakamoto, senior managing director at Blackstone in Japan, explains the lure of this market for private equity

“I believe this business is going to change very fast.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?