Investment banks excel in year of living dangerously

By David Rothnie
17 Dec 2020

This year proved to be one of the most dramatic on record for corporate financiers as volumes rose from the ashes of the market sell-off. David Rothnie examines some of the themes that defined the year and looks ahead to 2021.

It is hard to remember how the world looked in March, when the Treasury market teetered and investment banks were staring down the barrel of a crisis on a par with 2008. But after governments swung into action and central banks became market-makers of last resort, banks rediscovered ...

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