Tale Of Two Cities: Lufthansa Vs United Capital Raises
Sun, 05/31/2020 - 08:10
Submitted by Thomas Kirchner, CFA & Paul Hoffmeister of Camelot Capital
Lufthansa’s rescue is entirely government-funded, while United Airlines has received government AND private market support.
Arguably, European markets are underperforming in the recovery due to overregulation.
European regulators are beginning to recognize the problem.
MiFID II to be...
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