What should we surmise, I wonder, from that rather odd-looking joint statement from UK finance minister George Osborne and international investment bank heads on London as a world-leading financial centre? Well, the first thing that stands out is that it should have read "statement from the Chancellor and US investment banks", given that it was really about Bank of America Merrill Lynch, Citigroup, Goldman Sachs, JP Morgan and Morgan Stanley. Only the bizarre inclusion of Standard Chartered prevented it from being a US clean sweep.
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