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 Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

Quotes of the month

“People say there’s no distressed debt. Well, there is; it’s just not trading at distressed prices”

Soren Reynertson of UBS on the false market in distressed debt (see Clever ways to do the dumbest things, December 2006)


“I went to an amazingly boring day-long conference yesterday which had all the usual consultants being paid millions for stating the bleeding obvious. Helpfully, Accenture told us that if you’re planning a cross-border acquisition, you should do your homework on your target”


An analyst takes a cynical view on the role of M&A advisers



“Infrastructure in continental Europe has always been a bit of a chicken-and-egg situation. But for the first time this year I have seen a real sea change in people’s view”


Hans Meissner, of the Capital Equity Fund, on the gold rush in infrastructure finance (see Behind infrastructure’s gold rush, December 2006)


“Don’t expect this president to use his veto much – he has trouble even spelling the word veto”

Stephen Roach, chief economist, Morgan Stanley, opines on the likelihood of president George W Bush exercising his power of veto over proposals from a Democrat-controlled Congress


“Most Russian banks are ‘too Russian’ to compete properly as investment banks”

A director of DCM at a major US investment house shows the world that the Cold War may be over, old rivalries aren’t dead yet

(see West gets a taste for Russia’s investment banks, December 2006)








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.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

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

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, 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

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree