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London Inc.
Susan Delson
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7-10-2008 1:28 PM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/676c5e5c-33fb-49db-8941-e383a35aa283/383B0C2E-6248-4DF2-B592-7E619B2F95EB/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.forbes.com/2008/06/12/0630_FLEW060.html" href="http://www.forbes.com/2008/06/12/0630_FLEW060.html" style="font-size: 11px;">www.forbes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.forbes.com/2008/06/12/0630_FLEW060.html"><B>London Inc.</B></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.forbes.com/2008/06/12/0630_FLEW060.html"><P>While New Yorkers are still debating the primacy of the Big Apple in the world of finance, in London there's little question as to which city is the new North Star. Despite the long shadow of the credit crisis, growth in first-quarter equity trading volumes at the London Stock Exchange outpaced that of the New York Stock Exchange, 63 percent to 25.5 percent, year over year. London has also assumed a signal role in global M&A activity: Last year, London bankers helped drive announced European M&A values to record highs, handily topping the U.S. by $236 billion. In the first quarter of 2008, Europe built on that lead by another $25 billion, with London accounting for 41 percent of the volume. London further benefits from comparatively little red tape in conducting IPOs, bond issuances, and other financing transactions.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/383B0C2E-6248-4DF2-B592-7E619B2F95EB/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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