There is, however, no trading floor, and almost all the business is carried out by telephone, with the major Eurobond dealers working from large electronic dealing rooms. Nor are the principal operators British, but American and Swiss, with three groups dominant Merrill Lynch, Goldman Sachs and Credit Suisse First Boston. Back in there were only banks operating in the Eurocurrency market in London, accounting for a turnover of $ bn.; by the number of foreign banks had grown to ; turning over $obn. Unfortunately for the Stock Exchange most of this activity totally by passed it, much to its chagrin. An even greater irritation was the introduction of a new instrument the equity convertible Eurobond whereby a company raised loan finance through the issue of a ten year interest bearing bond, but gave the bond holder the option of retrieving his capital through the allocation of equities in the company. Thus shares in both British and international companies were issued in large quantities without any stock market getting a sniff of the deal.
Randy Travis Style Fashion & Looks 2015
Randy Travis Info Chart
Style Name Randy Bruce Traywick
Style Birth; May 4, 1959
Style From; Marshville, North Carolina
Style Occupations; Singer-songwriter
Style Relationship; Single
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