Finance for industry. Part 3: Capital markets overseas

In the previous two articles in the series, which were published in E&P in July and August 1978, we looked at the options open to both the private and public company in the UK seeking finance for expansion. In this article, we are making a foray overseas to examine the relationship between businessmen and bankers in the USA and in Western Europe, and how their `financial-engineering¿ systems differ from that of the UK. Before so doing, it is essential briefly to comment on the world´s only international capital market-usually known as the `Eurodollar market¿