2004 was not an easy year for investment bankers, with interest rate cycles beginning to tighten, middling global growth and numerous uncertainties lurking over markets. The Banker's Deals of the Year 2005 is the pick of the best deals executed in calendar year 2004 in 48 countries around the world (Egypt and Qatar were excluded for lack of qualifying deals). The choice is based on the judges' selection from those submitted for consideration.
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