1 May: Lehman's Board; Jeremy Isaacs: BoA; Studzinski; Rainer Stephan

In this edition, don't miss: Abigail's opinion of Lehman's Board of Directors and of Jeremy Isaacs' realm; her advice to Bank of America on investment banking; the details of HSBC's Studzinski's glam 50th birthday party; and hats off to Rainer Stephan, chairman of Barclays in Germany.

EEMEA round up: CEE index

Austrian bank CA IB has launched REX, the first publicly available real estate index to cover emerging Europe and the closely related Austrian market.

Turkey’s banks put M&A centre stage

The enormous growth potential of the Turkish banking sector is attracting a lot of attention but the mortgage business, one of the industry’s biggest attractions, is suffering from profit shortfalls because of a lack of well-matched funding opportunities.

Sama sees no problems for the banks

“These people aren’t really rich,” the manager at one office tells Euromoney, “their net worth might be as little as $5 million to $10 million.

BNPP recasts its credit analysis

BNP Paribas has topped the investment grade section of the Euromoney credit research poll for the past three years but this success has not stood in the way of a shift to a new research model.

Japan: A bridge too far?

The bridge loan Softbank has taken out to acquire Vodafone in Japan is enormous, negotiated on onerous terms and costly by Japanese standards.

Erste insists the CEE party is not over

While some analysts worry about the Austrian bank’s effect on prices in central and eastern Europe, others have a great deal of confidence in CEO Andreas Treichl and his X factor.

Saudi projects lure the big players

International banks have been encouraged to re-enter the Saudi project finance market with big-ticket deals backed by a relatively healthy risk environment and more solid financial guarantees than in the past.

How the structured credit revolution started

“The very first credit derivatives that I wrote, we didn’t even call them credit derivatives as the name hadn’t even been invented then!” says Andrew Donaldson, former deputy treasurer of the European Bank for Reconstruction and Development, who went on to work at JPMorgan before forming hedge fund Credaris last year as CEO.

Borrower view: Colombia seeks liquid potential

In his last interview as director of public credit for Colombia, Felipe Sardi talks to Lawrence White about the strategies his successor will inherit, his efforts to increase the liquidity of Colombian securities and his plans for the federation of coffee growers.

Debate: Hybrids make an impact

Hybrid structured products – cross-asset-class investments – are finally starting to make a significant impact with investors.

Investment Banking: Pardon my French

Jean-Pierre Mustier wants to make Société Générale a global powerhouse--and win the respect of investment banking rivals in London and New York -- by building on the bank's dominant position in equity derivatives.