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For example, the "Big Bang" financial deregulations include liberalizing foreign-exchange transactions, lowering securities trading costs and opening securities underwriting and investment-trust management to new players.
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Chinese investment trust Citic Securities, up 481%, leads the list of Global 2000 stock market stars.
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While the capital raising efforts were viewed by some as a way to provide stability to the company, there was also concern that those benefits could be offset by Thornburg's corporate structure as a real estate investment trust and continued weakness in the mortgage securities market.
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The company through its bank provides traditional commercial, retail and mortgage banking services, as well as other financial services in the fields of investment banking, asset management, trust, mutual funds, securities brokerage, insurance and other specialty financing.
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