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Author: Philip Eade Chairman, Barclays Bank, Germany In September 1993, Rainer Stephan headed a list of what were dubbed “Big Game Hunters” in a Euromoney survey of frequent borrowers. His employers, Deutsche Bank, had lead-managed several notable deals – including sovereign issues from Norway, Belgium, Ireland and Italy. The mandates owed something to the fact that Deutsche’s home currency was the darling of the markets – nine out of 11 of Deutsche’s biggest deals had been in Deutschmarks. |
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