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  • Ingersoll and Komarovsky learn to suffer while Iceberg preserves his golf swing
  • by David Roche
  • Does it matter whether a securities issue is written under English or New York law? Probably not, if you are as well advised on the consequences of not using a jurisdiction as of using it. By Christopher Stoakes
  • Latin America has returned to the debt markets with a vengeance. The momentum might ease but next year still promises a large number of issues, reports David Pilling
  • A special report prepared by the Capital Markets Centre of Bank Handlowy w Warszawie SA
  • What sovereigns do, corporates will try to do better. Many have taken advantage of good conditions to stretch maturities and smooth out repayments. Some Mexican issuers have even managed to price tighter than their government, reports David Pilling
  • Edited by Peter Lee
  • US banks still go through contortions to get round the crumbling Glass-Steagall Act, which limits their securities business. But action by the US Federal Reserve will reduce some of the balance-sheet gymnastics required. It will bring one dramatic step nearer the day when banks and securities firms might merge. Michelle Celarier reports
  • Edited by Brian Caplen
  • When one of Hong Kong's biggest conglomerates and NatWest Markets got together in 1994 they spoke of a partnership for the long haul. But just a year after Wheelock NatWest wrote its first trading ticket the joint venture has been dissolved amid vague excuses of regulatory difficulties. Just another case of NatWest screwing up in Asia? Or was Wheelock NatWest sacrificed as part of a new strategy in London? Steven Irvine reports