August 2003
| Euromoney August 2003 The Kremlin's sudden attack on oil company Yukos is a flashpoint in a war between two rival clans. One wants Russia to continue its integration into the global economy, the other doesn't. It is not certain which will win. |
Euromoney August 2003
Afer three years of speculation about his departure, Citigroup's CEO Sandy Weil has finally named a successor. But the story doesn't end there.
Euromoney August 2003
Focusing more than ever on profitablility, banks are making big changes in their businesses, not least in bringing debt and equity teams together. Antony Currie and Peter Koh report
Euromoney August 2003
Attractive margins on new-issue business in the sterling corporate bonds sector are encouraging European and US banks to enter the market. But gaining and maintaining a foothold in this cliquish arena could prove costly
Euromoney August 2003
Shipping is returning to the capital markets, six years after many borrowers defaulted. But are the top investment banks, which have the most direct access to high-yield investors, necessarily best equipped to lead new
issues?
Euromoney August 2003
With equity returns staying stubbornly low, pension funds have been forced to reconsider investing in property. What had become an unfashionable asset class in many major markets has turned out to be the best performer of the past decade.
Euromoney August 2003
It was billed as a love story. After a protracted period of will-they-won't-they, London Clearing House and Clearnet agreed to wed. But as with any powerful European marriage, the merger deal says a great deal about the proud parents - especially Euronext, which controls Clearnet. Has Euronext CEO Jean-François Théodore made himself the most influential man in European securities trading?
Euromoney August 2003
Emerging from bankruptcy protection, some of the biggest corporate failures ever have struggled through the net and are set to take centre stage again. With telecoms consolidation looming, bankers hope to earn big fees from them. But smaller, more prudent telecoms that avoided disaster may get lost in the wake.
Euromoney August 2003
Zbigniew Brzezinski, Jimmy Carter's national security adviser when he was US president, spoke to Euromoney's Global Borrowers and Investors forum in June. In this edited version of his address, he analyzes the complexities of the Bush administration's fragmented foreign policy and the constraints on its freedom of action.
Euromoney August 2003
US investor demand for instruments that qualify for the new, lowered taxation rate on dividend income could provide major opportunities for foreign issuers of tier 1 capital instruments and possibly a wider universe of non-US capital raisers.
Euromoney August 2003
The performances that underlie this year's listing of the 250 biggest emerging market banks reflect regional differences as much as broad general features. ? Philip Guarco, Sam Theodore and Elisabeth Jackson Moore report.
Euromoney August 2003
Trends in travel are pushing quality service and cost-efficient processes to the forefront.
Euromoney August 2003
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Euromoney August 2003
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Euromoney August 2003
You don't become chairman of Santander Central Hispano, Spain's largest bank, and the undisputed don of Spanish finance, if you're easily flustered.
But Emilio Botín is something else. He was quizzed recently by Spanish journalists about how he felt about the 150-year jail sentence he's facing for alleged tax fraud. Serene, he told them.
Euromoney August 2003
Euromoney August 2003
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Euromoney August 2003
Euromoney August 2003
Global head of foreign exchange research, JPMorgan Chase
Euromoney August 2003
Head of business development, MDM Financial
Euromoney August 2003
HBOS has become the first UK issuer to sell covered bonds in Europe, in a deal that looks set to create a new market. Will that promise be undone by regulators unsure of the law on risk weightings for such deals? Michael Evans reports
