Russia’s central bank is launching a controversial new scheme aimed at creating stability and competition.

A pioneer of foreign investment in post-Soviet Russia, Bill Browder has battled with corporate misdeeds and tracked the “bad guys” to take his Hermitage fund up 446% since 1996.

HVB and Commerzbank face an awful choice: lend more to German companies and rack up those NPLs, or stop lending, induce more bankruptcies and drive away customers.

With trading costs bearing down on them, UK fund managers are tentatively exploring the savings offered by alternative trading venues.

Is the burgeoning credit derivatives market still best seen as a hedging device? Or have some participants turned it to unfair advantage over bond investors on the basis of what amounts to inside information?

Kazakhstan has had a good run, but the easy things have been done and the strong economic growth of the past two years has eased.

The volume and sophistication of Poland’s debt strategy last year made it the golden mandate for emerging-market debt teams.

CEE issues have innovated on several fronts this year.

Citi takes over top position from Deutsche in Euromoney’s annual poll of polls.

A complex debt exchange during a merger transaction saved AT&T Broadband and Comcast the expense and the hassle of raising new debt.

Russia’s central bank is launching a controversial new scheme aimed at creating stability and competition.

A dispute over the funding of oil pipeline development pinpoints increasing tension between foreign investors and the Kazakh authorities that may hamper the development of offshore Caspian oil resources.

Islamic law once forced Muslims to make do with poor investment returns.

Bank reform in Russia is hampered by the dominance of the two big state-owned banks, neither of which can be speedily rationalized or sold off without disruption.

Despite the supposed fiscal rectitude demanded by dollarization, Ecuador has once again spent itself into trouble.

Riba, Gharar, Murabaha, abba, Ijarah, Salam, Istina, Sukuk, Mudarabah, Musharaka, Takaful