It's a far cry from the days — say 15 years ago — when less than a dozen banks held
a corporate loan on their balance sheet, and companies could renegotiate the terms of their loan with a single creditor, or a small committee.
third, many
corporate and financial clients need to rebuild their
balance sheets and to fund the repayment of
loans due over the next two years before they will feel sufficiently confident to embark
on a range of acquisition and financing activity.