Giving George Soros what he wants

For all the talk of designing exotic derivatives for hedge funds, the most useful service a bank can provide is often good old-fashioned credit.

Return of the Viking raiders

When one of Scandinavia's major international companies wants to launch a bond or share issue it turns to a global player like Morgan Stanley - not to a local bank.

Coming to terms with Big Bang

With Japan's financial deregulation gathering pace - and foreign players emerging as the clear winners - Japanese institutions have been slow to formulate defence strategies.

Rewriting history

Systematic traders and risk managers rely on tons of historical data to help predict probable gains and losses.

Slovenia's dangerous complacency

Slovenia is the wealthiest country to have emerged from communist rule, but is it losing its way? Exports are flagging, industry is becoming politicized and the stock market is shaky.

Sandy Weill bounces back

Last month's announced merger of bulge-bracket firm Salomon Brother with brokerage Smith Barney creates something bigger than Morgan Stanley Dean Witter.

Hostile buyers beware

When the Choksey dynasty sold its stake in India's leading paint company, it unleashed a drama fit for a Bollywood movie, embroiling foreign securities firms and a UK multinational in a tale of intrigue, betrayal and family feuding.

Finding a home for MeesPierson

MeesPierson never sat happily within ABN Amro, and nobody was surprised when the venerable Dutch merchant bank was put up for sale last year.

Taking a lever to Europe

No firm is better than Doughty Hanson at repackaging ropy European manufacturers and selling them off at a premium, or - to put it more kindly - transforming underperforming privately held businesses into dynamic public corporations.