Author: | |
Title: | The tough class of '87. ( *MORGAN GRENFELL GROUP, *KLEINWORT BENSON LONSDALE, *HAMBROS ) |
Journal: | Banker
1987 : JUN, VOL. 137:736, p. 20-26, 28, 30 |
Index terms: | INVESTMENT BANKS CHIEF EXECUTIVE OFFICERS UNITED KINGDOM |
Language: | eng |
Abstract: | The years 1985-86 were the most dramatic years for the City of London. The main cause of the turbulent changes are the reforms of the British investment banks and the new leadership. Since the 'big bang', which lifted the restrictions in London's securities markets, the supermodern offices have been operating over full capacity. The banks have to convince a sceptical market that they do not taking on undue risks with their own capital trading securities. |
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