Our clients have repeatedly relied on us for market intelligence: while the foreign banking community does not employ more than 5000 individuals in senior positions in New York, each bank enters the US market with a specific goal and an expressly stated Purpose of Mission. Through us, our clients have been able to attain an in-depth look at the respective market conditions, applicable at the time of their entry in this market place or at the time of a specific search. We would subsequently be contacted in matters of strategy and compensation.        As of 2009 to date, we have concluded a few searches in financial centres in Europe. While the American market entered its recession in 2008 and continues a rather sluggish recovery, we found  continued activity, albeit not necessarily robust,  in countries such as Switzerland, Germany, Switzerland and the U.K.       Also, following our activity in the EU marketplace, we were honoured to be granted assignments that look at the theory behind our various banking endeavours. The most recently commenced search, with its focus on 'self-similarity' is unique for us in its scope and advanced required credentials.        As of last  year, some of our clients are disquieted by the launching of an EU inquiry into  Credit Default Swaps. In as much as this is a market instrument widely used by most European banks, it has now been cited as one of the possible direct/indirect causes of the sovereign debt crisis in the EU.         Having witnessed first-hand the booming '80s followed by the 1987 market collapse, the expansive '90s following the First Gulf War, September 11th,2001,  the Iraq War I and II, the market collapse of 2008 along with the sluggish pace of 2010, 2011,  our 'bird's eye view' offers a perspective which may well be of assistance to some of our clients. In assisting clients both during an up-swing, invariably followed by the cyclicality of a shortfall, we have been an active participant in the compensation structures inherent to these conditions.        Utilised creatively or formulaically, we have been called upon regularly to assist in designing the respective business formulae as such. While Treasury Bonuses originally lent themselves to percentages  of individual dealers' salary bases at year-end, more recently bonuses are multiples of, albeit lower, salary bases.       Here the concept of "Kurzarbeit", first seen in the German marketplace, must be mentioned for its impact on compensation. This concept has not been used whatsoever when it comes to Treasury positions.        Our unique culture has been created by applying the New York dynamics to each individual bank case and generating the optimum goal-driven candidacies that enhance the bottom line of each foreign bank client in this environment. As our knowledge base covers thirty  years, or more, it affords us the insight that our clients have tended to value from the very beginning, now impossibly remote (end of 1979). When it comes to the present global turmoil, following one of our client's advice, we shall wait until a new financial trend becomes discernible. In this regard the German-Chinese discussions are of great interest. '       While our clients reach a decision, The Interlangue Group is regrettably no longer able to offer interim management candidacies as a courtesy to our clients.       Our 30 years un-interrupted presence in  New York, now enlarged by assignments outside the U.S., enables us to offer our clients knowledge of the key players or of business scenarios seen previously, with the ultimate prospect of success or failure thereof. We are able to provide, in a small manner and for a limited market, the sense of continuity or history, even self-similarity, for the  FOREIGN BANKING MARKET in New York, and to a smaller extent, in some of Europe's financial centres, seen as of today, 6. February 2012.