Many borrowers are also asset managers, investing short-term liquidity. And the heads of borrowing for supranational and financial institutions now often involve themselves even in the lending side of their operations, structuring loans to clients.
The job of the corporate treasurer too is changing. Many now take charge of all financial, and even non-financial risks, using value-at risk measures.
In the pages that follow, Euromoney looks at how the best in the business are playing this ever more complex game.
Borrowers: It’s the roadshow, stupid!
Borrowers: Euromoney’s best borrowers of 1997 Borrowers: Best of the rest by sector or region
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