Investors organise, vultures circle

Issue 867 - 04 Dec 2009 | 1 minute read

The financial crisis is likely to provide a bonanza for accountants, lawyers and other professional services companies, and several groups of creditors have begun to organise. The Financial Times reported that one group includes HSBC, Standard Chartered, Royal Bank of Scotland, Lloyds and local banks, who have formed a steering committee and were preparing to meet Dubai World representatives.

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