First, London stole the new euro markets from under the nose of Frankfurt; then America overdid the regulation after the scandals at Enron, so many firms seeking listings chose London instead.

• 它先是在法兰克福的眼皮底下夺走了新兴的欧元市场，然后在安然丑闻之后美国对金融业的管制矫枉过正之时，成了许多寻求上市的公司的首选。