But banking circles said that "the battle is not yet over".
Mr. Lee is also well known in banking circles.
Today's Government statement said the authorities "welcomed the readiness of some banking circles to take a rapid step in this direction."
Not so in banking circles or communities of lawyers.
The Norman family became prominent in British banking circles from about 1820 to 1950.
Most of the havens were well known in banking circles, but wealthy nations had not agreed to identify them publicly.
In certain banking circles, these have become known as the 10 Commandments.
Irving is considered in banking circles to be a sleepy organization.
The action by the largest debtor in the developing world seemed certain to create worry in banking circles.