search query: @indexterm England / total: 148
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| Author: | Evans, G. |
| Title: | Stuck in the second league |
| Journal: | Euromoney
1994 : AUG, p. 40-44 |
| Index terms: | ENGLAND BANKS FINANCE |
| Language: | eng |
| Abstract: | London's merchant banks like to recall their glorious past. But does all that oak-panelling make it hard to manoeuvre? The London merchant banks made substantial profits in 1992 and 1993 after a dismal period in the late 1980s when most suffered from disastrous strategic decisions. But how much was the new-found profitability based on proprietary trading? And aren't there just too many merchant banks for the size of the United Kingdom market? Reports Garry Evans. |
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