Corporates fall on tough times

Lisa Francis at RBS
Lisa Francis, RBS

The second half of 2011 has so far been characterised by violent spikes in major currency pairs, widespread risk aversion and ongoing concern over the eurozone debt crisis. While the package of measures announced in Brussels after last week's Euro Summit might have led to some relief, many fear more pain lies ahead.

Although the volatility has caused a wave of risk aversion, with both banks and investors understood to have incurred losses from some of the biggest market moves, corporates have al

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