21
Outlook for
corporates and public finance
corporates and public finance
•Corporates
and public finance are key markets
–Continue to grow
in 4Q 2007
–Expect more growth
in U.S. and overseas in 2008
•Growth
in corporates driven by:
–Ongoing
refinancing
–More strategic
debt-financed M&A deals
–Increased
cross-border activity