In recent days Jerry Del Missier, the New York-based president of Barclays Capital, has been touring Asian cities such as Mumbai and Tokyo with a strong message to impart to bank staff.
“For years investment bankers have been excited about Asia, but the potential has not always materialised,” he says. “But now the time has really come. This has gone way beyond soundbites about billions of consumers – now its about the concrete development of markets.”
It is a comment that many other bankers are echoing, as debate heats up about the emerging market economies.
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