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Barclays wrestles back debt crown from Deutsche

Barclays Capital beat Deutsche Bank to reclaim its crown as European debt capital markets house of the year 2006 at the third annual Financial News Awards for Excellence in Investment Banking, but its German rival did not leave empty-handed.

Barclays Capital won the overall European debt award for the second time in three years last night, pipping last year's winner Deutsche. UBS, Citigroup, JP Morgan and BNP Paribas followed closely behind.

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