One explanation is that equity underwriting still depends on close relations between issuers and their bankers.
Interventionists once attributed Japan's success to industrial policy and to close relations between groups of firms and banks.
Critics suggest that close relations between the tabloids and senior police sources made the latter reluctant to delve deeper.
So there have been very close relations between France and the United States, regardless of whether a Democrat or a Republican is in power here, or regardless of which party is in power in France.
Already close relations between Israel and Washington grew stronger in the wake of the Sept. 11, 2001, attacks, forged by a common feeling among their leaders that they were acting in tandem as a bulwark against Islamic radicalism.
Many senior Kfor men say that the close former relations between the Americans and the Kosovar Albanians make it hard to explain now to Albanians that things have changed.
The prime minister earlier said relations between politicians and the media were "too close and unhealthy" but rejected the idea that he had made promises about government policies, for example on media regulation, in return for newspapers' support.
The spat has poisoned relations between America and Europe at a time when their close co-operation is more important than ever.
I'm quite certain that the ongoing cooperation efforts between Brazil and the United States, as well as our close relations and partnership, are indeed key to both our nations.
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In the case of Japan, the keiretsu and their close affiliations with banks represented a new model of doing business that emphasized long-term relations between firms, their suppliers, customers, employees and banks.
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Initially, relations between Michael and Terri's parents, Bob and Mary Schindler, were close and co-operative.
"The United States deeply values our close partnerships with both Turkey and Israel, and we attach great importance to the restoration of positive relations between them in order to advance regional peace and security, " the president said in a statement released by the White House.
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