High-Grade Financials

Credit awards 2002


What is one of the key issues affecting your sector?

Credit stability in the face of a deteriorating macro environment. European banks have thus far been able to cope very well, on average, with slowing top-line growth and falling asset quality. This has helped establish the banks as a ‘safe haven’ sector, which has so far been deserved, but could leave bank issuers vulnerable to a fall from grace.

What trade recommendation made or saved your clients most money over the past 12 months?


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