Making relationships pay to be focus for banks in 2011

12 Nov 2010

Bankers were in a philosophical mood as the third quarter reporting season for European firms drew to a close this week, with most tending towards the view that the quarter had not been quite as ugly as might have been feared in the immediate wake of the European sovereign debt worries earlier this year.

But with talk of peripheral default refusing to fade away — and traders’ pessimism about Ireland escalating by the day — optimism for the future is still some way off, in spite of quantitative easing policies having provided some comfort.

"If 2008 was all about how deep is the ...

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