Tuesday, Jul 11, 2006

Banks expand distressed debt teams

eFinanacial Careers: Banks expand distressed debt teams

Close Brothers, Lazard, Bank of America, Rothschild and Barclays Capital are leading the drive among Europes investment banks, advisory boutiques and hedge funds to expand their distressed debt and restructuring teams ahead of a potential rise in company default and bankruptcies.

Hmm...the economy is doing well then...

Posted by D'oh @ 01:44 PM (769 views)
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