Here we don’t go again
IT USED to be said that nothing ever happened in German business. No longer: consider Vodafone's takeover of Mannesmann, the proposed merger of the Frankfurt and London stock exchanges or the rise of the Neuer Markt, Frankfurt's high-technology stockmarket. But in banking the jibe still rings true, with a twist. Nothing happens: but now it happens at bewildering speed.
This article appeared in the Finance & economics section of the print edition under the headline “Here we don’t go again”
From the July 29th 2000 edition
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