Don't assume Singapore bank consolidation is over

That''s one of the messages from CSFB''s M&A boss, Gordon Paterson.

What will be the defining MA trend this year

Everyone has been very negative about what happened last year versus the year before. You hear the business was down 40%. I don't think we have that in Asia. I think we have a developing business. Yes, you can run the numbers and say the business dropped that much, but if you take out two transactions - PCCW and China Mobile - which were unusual transactions, we really didn' t fall that much. Why is that because we have a lot of developing trends going on. We have continuing domestic consolidation, and once countries have forged one or two strong companies in a sector, those...

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