The 1987 stock market crash came at the worst possible time for some of the world’s biggest banks – just as they were on the hook for the largest share sale ever seen. The UK government faced an impossible dilemma: pull the deal or let banks go under.

<p>The 1987 stock market crash came at the worst possible time for some of the world&rsquo;s biggest banks &ndash; just as they were on the hook for the largest share sale ever seen. The UK government faced an impossible dilemma: pull the deal or let banks go under.</p>

IFR looks back at some of the biggest – and most ground-breaking – deals in capital markets history. 

<p>IFR looks back at some of the biggest &ndash; and most ground-breaking &ndash; deals in capital markets history. </p>

Advertisement