Hedge fund managers are increasingly shopping around and using more than one prime broker at the same time.

The US bank has made an expensive foray into China’s banking market, with little to show from two-and-a-half years’ work and millions of dollars spent.

Argentina’s debt default, devaluation and subsequent recovery is, along with Enron’s fall from grace, the biggest financial story of the decade.

Latin America’s development bank has to change tack as countries in the region rely less on dollar funding.

Financial sponsors now account for an important chunk of advisory fees, but not all banks are cashing in.

Bond investors are starting to clamour for extra protection as buyout risk increases.

In December 2001, the government defaulted on $81.8 billion of debt repayments and broke the peso’s link with the dollar. When Nielsen was appointed in May 2002, the country was in the midst of one of the worst financial, social and political crises to hit any country since the Great Depression. His job, together with that of his economy minister, Roberto Lavagna, was to help restore stability and turn around Argentina’s financial fortunes.

A hostile bid in the Malaysian banking market is almost unheard of. But CIMB's pursuit of Southern Bank has provoked more than just headlines, and now almost every major banking group in the country is in play.

A former FX salesman at JPMorgan Chase in New York has been arrested and charged with wire fraud. Terrence Gumbs apparently hid an unauthorized trade, which cost the bank about $6 million in losses, according to a criminal complaint unsealed in New York.

In last month's edition of Euromoney we published an article on page 10 headed "Is Deutsche's CDO business out of control?" which referred to Mark Stainton, Deutsche's successful former Head of CDO trading. Some readers may have thought that the article suggested that there was a link between Mark Stainton's departure from Deutsche to go to Citadel and an alleged overstatement of profits by Deutsche's trader Anshul Rustagi, whose dismissal from Deutsche Bank is currently subject to appeal.

More than 50% of Citigroup’s corporate and investment banking revenues come from outside north America, so emerging markets are the cornerstone of its success or failure. It already dominates some areas but can it blow the competition away in every product and in every region? Sudip Roy reports.

LBOs and technicals have boosted betting on the continuing steepness of the European credit curve. But nothing good lasts for ever and several things could upset the apple cart.