About the book

I started studying and writing about corporate banking and the issue of financing companies in 1994. In those days the European Banking System was coming out from a big turnaround involving a unique legal framework based on the concept of the Universal Bank and its governance. The focus of the banking system (as well as researchers, consultants, and practitioners) was devoted to analyzing the different financing companies moving from a vision mostly bank-based to financial markets as a complementary/competitive source of funding for big companies and SMEs. With the exception of the UK, where the tradition of merchant banking was quite deep and old, the private equity (and the specific cluster of venture capital) was quite new and ...

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