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  • Salary increases for executive directors and senior executives remained at 2003 levels while bonus payments decreased last year, according to a survey by Mercer Human Resource Consulting. The study covered reward arrangements for 47 top management positions in 38 large UK companies, including FTSE 100 companies and other large multinationals.
  • Why biggest isn't always smartest | Methodology
  • Analysts were convinced of the inevitability of US telecoms consolidation but the recent flurry of M&A activity was a surprise. Many analysts are dubious about its timing and doubt that much shareholder value will be generated. What's certain is that the business has been a welcome boost for M&A advisers.
  • Best at FX trading
  • As Uruguay and Colombia have shown, for the right country under the right circumstances local-currency bonds marketed globally can be a valuable addition to emerging market instruments, for both issuers and investors.
  • Be careful when you write that email. It could come back to haunt you – as Henry Blodget and a growing number of corporates have painfully discovered
  • The opening of German financial markets to true securitization looks set to relieve banks of badly performing loans, add new capital to the mortgage markets and revolutionize the financing of Mittelstand companies.
  • Why biggest isn't always smartest | Methodology
  • While we're celebrating the best of the web in Euromoney's technology poll this month, mention must be made of Christian Mundigo, head of long-term interest rates trading, Europe, Japan & Asia, at BNP Paribas. Christian and his wife Braden's personal site (www.harvestmoonhill.com) is intuitive, user-friendly, and easily navigable.
  • return to As spreads tighten the world gets riskier | Methodology
  • www.breakingviews.com
  • By Simon Nixon