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  • Who remembers the "Abbey habit"? The slogan which brought savers flocking to deposit money may still be there but, as with the Prudential's "man from the Pru", times and tastes have changed. Today Abbey National is a full-service bank with total assets of £124 billion ($202 billion). Last year Abbey reported pre-tax profits of £1.17 billion. In terms of assets it is the fifth-largest bank in the UK with a market capitalization of £13.2 billion.
  • 1997 Bond Trading Poll: The rise of the continentals
  • The European integration process moved on with increasing speed during 1996. As January 1 1999 moves closer, the sustained political will to convert the Maastricht Treaty is clear.
  • A special report prepared by Deutsche Morgan Grenfell
  • A special report prepared by Paribas
  • Revolutionary changes are afoot in South Korea. Spurred on by recent scandals, it is poised to scrap state control of the economy and introduce a true free market. But foreigners still find it tough. Maggie Ford reports.
  • Sweden's participation in Emu is primarily dependent on domestic politics. Generally speaking, public opinion is negative on Emu and the governing Social Democratic Party (SDP) is deeply split. For this reason we do not expect Sweden to participate in Emu from the outset in 1999.
  • Issuer: Household International
  • The hard lessons of recession mean that debt financing is going out of style in Finland, where an invigorated stock market and a brace of privatizations offer a boost for equities. William Essex reports.
  • FX Poll 1997: Taken aback by a leap forward
  • A change in the way US treasuries can be settled promises to inject liquidity into repo markets denominated in illiquid currencies or in markets that lack repo. It also has ramifications for the holding of US treasuries as reserve assets. By Christopher Stoakes
  • UK
    A special report prepared by JP Morgan