European corporations forsake banks in favor of bonds

04/10/2012 | Wall Street Journal, The

Europe's companies raised more money by selling bonds than by borrowing money from banks in this year's first quarter, according to data provider Dealogic, a possible sign a major change is underway in the relationship between Europe's businesses and its banking system. Europe's firms have a long-standing tradition of borrowing from banks instead of going directly to the corporate bond market.

View Full Article in:

Wall Street Journal, The

Published in Brief: