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  • Self-taught M&A expert Rakesh Saxena teed off a glittering career on Bangkok's exclusive Navatanee golf course. But he eventually helped drive Bangkok Bank of Commerce into the rough with a bunch of allegedly dubious deals. Five of Saxena's Thai associates are due to be tried for embezzlement and the Bank of Thailand is now trying to rescue BBC. Saxena made it away to Vancouver, where he awaits extradition proceedings. Meanwhile, he protests his innocence and hones his golf skills. Gill Maitland reports
  • Executive director and head of European bond credit research, UBS
  • Within the past year two of the most respected investment banking boutiques have been sold ­ Gleacher to NatWest and Wolfensohn to Bankers Trust. Do those deals mark the beginning of a trend and, if so, which targets are left? Stephen Neish talks to the main players
  • UK merchant bank Robert Fleming is in dire need of a good performance in 1996. It's unlikely to get one. With thousands of new employees hired in a bid to extend the global network, revenues have not grown fast enough to cover costs. Shareholders are restless. Charles Olivier reports
  • Antonio Fazio, governor of the Banca d'Italia since May 1993, has steered the Italian economy towards low inflation and further enhanced the central bank's reputation for independence.
  • All over Europe, banks are counting the cost of preparing for the single currency ­whether their home country is "in" or "out". Apart from buying new bank-wide technology, they face a loss of trading revenue and a threat to their corporate client base. Not to mention the thought that it may never happen. Peter Lee reports
  • The top 100 Arab banks
  • Mexico, Brazil and Argentina have adhered to their structural reform programmes despite the side-effects ­ on growth and employment ­ in order to maintain investor confidence. But, David Pilling argues, high financing requirements could still lead them into difficulties. A sudden outflow of capital might result in default
  • The top 100 Arab banks
  • The top 100 Arab banks
  • Edited by Brian Caplen