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Throughout the history of finance, the most successful banks have often been associated with a single leader. These individuals have usually combined a clear strategic vision – or should that be mission, such is their zeal for success – with a real understanding of the minutiae of their business. Their names have been a byword for the businesses they have run. Today, it's harder than ever before for one man or woman to have such complete control of the reins of power. Ownership is widespread. Corporate governance has taken a strong hold over boardroom actions.

Issuers are uncertain about the implications of the EU Prospectus Directive

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BEST BANK

May's credit market turmoil hit the profits of all four US brokers that reported second-quarter earnings last month, Goldman Sachs and Morgan Stanley especially. There'll be more to come in July when the universal banks, and Merrill Lynch, report. JPMorgan has already warned that its trading results are the worst for some time. But the firm has at least had the chance to offset some of its problems with gains from June's more bullish credit trading environment.

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BEST BANK

BEST BANK

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BEST BANK

Awards for Excellence 2005