Euromoney August 1997
It's tempting for investment banks to promote themselves as "one-stop shops", offering every kind of financial expertise, including lending. It may be good for their client relationships, but it probably doesn't earn them any money. By Laura Covill.
Euromoney August 1997
When the European Central Bank takes control of monetary policy, what's left for the mighty Bundesbank? And how mighty is it? Its scrap with Bonn over the revaluation of its assets suggests that the central bank tends to back down under pressure. Laura Covill reports.
Euromoney August 1997
The competition in Asia from US investment banks has led to new approaches and ideas in equity research. But the old problems remain. Corporate sensitivity makes most analysts reluctant to stick their necks out. And the increased competition has led to star analysts moving to whichever firm will pay them most. Robert Minto reports.
Euromoney August 1997
Banks are so desperate to hire high-calibre staff that in recent rounds of recruiting it was MBA students who were asking the questions before they decided on an employer. But the most fluid job market in more than a decade carries its own pitfalls for graduates - it's easier to land up in the wrong job and the wrong firm. Charles Piggott advises on how to stay on track
Euromoney August 1997
In Euromoney's annual ranking of non-US fund managers, in cooperation with Intersec Research Corporation, the dominant position of the Japanese and Swiss giants is threatened only by further exchange rate movements, and perhaps AXA of France. The global consolidation continues. By Jim Sirius.
Euromoney August 1997
It's been a year of upheaval for banks in emerging markets. Thailand, Korea and Mexico have been particularly badly affected. The biggest losers in our ranking were public-sector banks. By Robin Monro-Davies, managing director of IBCA.
Euromoney August 1997
In their quest for a broader investor base, Pfandbrief issuers are venturing out of the Deutschmark. Some deals did well, some not so well. And the cost is high. But diversification is the key in the run-up to the euro. By Antony Currie.
Euromoney August 1997
Austria's futures and options exchange has stolen a
march on its larger international competitors with a booming trade in eastern European equity derivatives. Hopes are high for the latest offering, a Polish index product. By TJ Kim.