In late December the UK’s Financial Services Authority held a meeting with the Association of British Insurers setting out its position on securitization and reinsurance for life insurers.
Halfway through the first decade of the new millennium, the five-year track records of world stock markets show the leading indices in Europe and America still way down on their highs before the tech bubble burst.
A recent German ruling gives international lenders certainty that German courts will uphold English law jurisdiction clauses.
The advantages of sharing specialist industry sector information drawn from private companies, plus a desire to provide complementary asset allocation vehicles to end investors, are drawing private-equity firms and hedge funds into alliances.
Credit Suisse Group is to restructure again.
Strong demand kept US high-yield new issues flowing fast through the usually quiet end-of-year period.
Burnt in recent equity market sell-offs, high-net-worth investors are clamouring for investment products that will preserve their capital.
In 2004 equity deals for smaller companies were much more lucrative for investment banks than large block trades, which were often disasters from a profit point of view.
Poland's once-beleaguered banks are posting profit growth for 2004 as high as 400% in some cases.
Hong Kong investors' addiction to the fast buck has often landed them in trouble.
Revision of Greece's public finance accounts has underlined the need for a big effort to reduce budget deficits.