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  • Opinion
    EMU: postponed by common agreement?
    I've said it before in this column: the 1999 date for European monetary union will be postponed. I'm saying it again because the chorus of Europe's politicians proclaiming that EMU will happen on time is deafening. But I think postponement will happen, by common agreement of the 15 member states, probably before the end of this year.
    David Roche, April 01, 1996
  • POLAND
    A special report prepared by Bank Slaski SA
    April 01, 1996
  • Opinion
    Front End: No bulls, but a few polar bears
    Julian Johnson, downing a pint of beer as part of his training, says going to the magnetic North Pole will make a change from sitting in a windowless basement trading US government bonds. The manager of the London office of Aubrey G Lanston, a subsidiary of Industrial Bank of Japan, says the six-week trek, beginning in April, will be aided by two skidoo vehicles, three airborne food drops, and the expertise of the team leader, David Hempleman Adams, one of the UK's foremost experts on Arctic expeditions.
    April 01, 1996
  • Custody battle
    How can investors square their desire to invest in the newest emerging markets with the need to follow the legal requirements for prudential custody arrangements? By Christopher Stoakes.
    April 01, 1996
  • BANKING
    Business travel poll 1996: The world's favorite airline, hotel, airport...
    The senior executives who read Euromoney are a loyal and conservative group. This magazine's annual business travel poll shows a strong consistency in the executives' decisions on how to travel when they are away on business.
    April 01, 1996
  • ROMANIA
    A special report by Euromoney
    April 01, 1996
  • Offshore banking centres: Cleaning up offshore
    There are still offshore banking centres that cater for the sleazier end of the market, but most of these are new. The others would have us believe they've grown respectable in their old age. Jules Stewart reports.
    April 01, 1996
  • Japanese government bond market: "We are not a Bangladesh"
    The Japanese government bond market is laughably old-fashioned and inefficient. Settlement, for example, takes place only on dates ending in five or zero - a practice derived from the 19th-century rice market. At last, the Ministry of Finance is looking at wide-ranging reforms. With combined new bond issues for FY1995 and 1996 expected to reach almost ¥100 trillion, it has little choice. Andrew Horvat reports.
    April 01, 1996
  • BANKING
    "All human life was in this deal"
    Issuer: GPA Amount: $4.05 billion Launched: March 11 Lead manager: Morgan Stanley
    April 01, 1996
  • Emerging Markets
    Failing the Mexico test, Keep your distance, Exposure control, It's tough to be cool.
    April 01, 1996
  • Kerr's people
    Hans-Peter Bauer: head of global fixed income and derivatives, UBS, London. Tinny Hasendonckx: head of Euromarket trading- Kredietbank Brussels. Thomas Keller: head of asset/liability management-L-Bank, Germany.
    April 01, 1996
  • Manipulative French...
    ...and sensible Germans
    April 01, 1996
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