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Published in:
1989 | OriginalPaper | Chapter
Merchant Banking Activities
Author : Robin Fox
Published in: BIEC Yearbook 1989–1990
Publisher: Macmillan Education UK
Included in: Professional Book Archive
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The last few years have been very exciting ones in which to work for a merchant bank, and particularly I suggest if it has been a merchant bank based in London. This is because we do not have in London the statutory dividing line between investment banking and commercial banking that exists in Tokyo and New York, although it is under pressure in both centres, and London has consolidated its lead as the leading international financial centre.