The equity markets this morning in Europeextended their greatestweeklygain in the last twoyears on the hopes that leaders of the eurozone have finallygotten theiract together.
Independent market-data providers, including Thomson and Greenwich Associates, have consistently ranked Deutsche Bank as the number one bond underwriter in the eurozone, as a leader in international debt and equity markets, and as one of the world's largest foreign-exchange and derivatives houses.
But European politicians' interference is not yet egregious enough to discourage the British and American private-equity firms that are becoming an increasing presence in the eurozone.