Abstract
‘Consortium banking is no far-fetched concept,’ observed Gérard Legrain, managing director of International Mexican Bank in a letter to the Financial Times in 1983. ‘All we are is jointly owned banks. In many lines of business, joint ventures are created, modified, undone as a matter of course. Banking is no exception.’1
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Notes
George S. Moore, The Banker’s Life (New York: W.W. Norton & Co, 1987), p.211. He was referring to ADELA, a venture capital and leasing company for Latin America, of which he was a director.
Richard B. Miller, The Story of a Bank in Crisis (New York: McGraw-Hill, 1993), p.108.
Lothar Gall, Gerald D. Feldman, Harold James, Carl-Ludwig Holtferich and Hans E. Buschgen, The Deutsche Bank1870–1995 (London: Weidenfeld & Nicolson, 1995), p.759.
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© 2001 The Orion Story Ltd
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Roberts, R., Arnander, C. (2001). Decline of consortium banking. In: Take Your Partners. Palgrave Macmillan, London. https://doi.org/10.1057/9780230596511_12
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DOI: https://doi.org/10.1057/9780230596511_12
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