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  • Issuer: Snap
  • Awards for Excellence 1997
  • If you think risk management is a serious business, then you haven't met Mervyn Stutter. Wearing a Hawaian shirt and a garish pink suit, the singer/comedian performed a musical revue of financial risk in front of an audience of initially reticent risk management experts at the end of June.
  • The banking system is taking steps to shape up for European competition. But so far the changes are hardly sufficient in an industry plagued by overcapacity. Analysts argue that only mega-mergers will turn the tide. Philip Moore reports.
  • Red chips have dominated headlines and share trading in Hong Kong in 1997. But who controls these new mainland-owned hongs? And how can analysts and investors value their fast-growing assets. Steven Irvine visits the new taipans.
  • Corporate risk management is advancing dramatically because of computer power, communications, the Internet, and the value-at-risk (VAR) concept borrowed from banks. Several companies are leading the charge, and attempting to quantify risks that aren't just financial. But can that help the treasurer do his job? By David Shirreff
  • Toys, baseball caps, anything to give investors that feelgood factor. It may seem like all cosmetics and packaging, but don't skimp on marketing your issue. Your access to funding could diminish next time round. Michelle Celarier reports.
  • Thailand in mid-1997 has an economic fight for survival on its hands. Can things get worse? Gill Baker examines the market
  • A special report prepared by Deutsche Morgan Grenfell
  • Contrary to the pessimists' view, Europe will show economic recovery this year and next. And that will ensure monetary union stays on track for 1999. In core Europe, super-cheap money has been complemented by weak exchange rates. And those easy monetary conditions are likely to win out over Europe's Maastricht fiscal masochism to produce economic recovery.
  • Thailand's first yankee bond in five years has been a success against the odds. Did honesty pay off, or was it underpriced?