Mid-market firms bullish on results as credit crunch bites…

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  • Too early to tell?

    August is a hard month to read anyway and at that point we had no evidence in terms of numbers that the credit crunch was having any real effect. We said to ourselves that the end of September would be more meaningful.

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  • Some work still going on

    Equity capital markets are ok at the moment in most parts of the world. The areas that are falling away are the purer areas of debt financing because the banks aren’t lending. Whether that’s just short-term or a longer term thing is hard to say: clients have very mixed views. Obviously, contentious work will have an upturn.

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  • Bad news

    Generally, it’s not good news. Come what may, it will effect final year figures because whatever is happening is not going to go away tomorrow.

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  • Credit crunch

    The emerging markets are still buoyant despite the credit crunch. I think it’s about getting back-to-basics. It’s about investing in real assets now rather than flighty financial products.

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  • Credit crunch

    I'm an assistant at one of the bigger City firms and in my experience there's still enough work coming through the door, it's just not as manic. In fact I think that's a good thing, I actually got to see a movie this month! Time will tell, but I don't think there'll be redundancies just because work tailed off this summer.

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