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Banks count cost of a tough first half

Any hope that the disappointing investment banking results of 2010 were a blip were dispelled in the first half, as challenging market conditions left several investment banks on course for their worst year for revenues since the peak of the crisis in 2008.

Any hope that the disappointing investment banking results of 2010 were a blip were dispelled in the first half, as challenging market conditions left several investment banks on course for their worst year for revenues since the peak of the crisis in 2008.



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