Interest rates house of the year

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BNP Paribas

BNP Paribas has confronted the market challenges of the past 12 months head on. "In an environment where people are very uncertain and rates remain low, there are opportunities for some clients and problems for others," says Kara Lemont Sportelli, London-based head of fixed-income structuring at BNP Paribas.

This year, the French bank played a key role in the private sector involvement (PSI) for Greece's sovereign debt restructuring, helping clients to take advantage of the result of

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