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  • Computer Associates International has named Robert Davis as its new CFO after a nine-month search.
  • As it looks to keep pace with rival Banco Santander, Spanish bank BBVA is setting its growth sights on the Hispanic market in the US - at the outset Mexicans in California and Texas - rather than Europe.
  • Innovation on the part of issuers and their bankers along with robust risk appetite from investors shaped the capital markets in 2004.
  • With two presidents overthrown by popular unrest since 1997 and a debt default in 1999, politically volatile Ecuador has largely been exiled from international capital markets in recent years, unable to tap into investor demand for high-yielding emerging-market paper.
  • The message to emerge from Euromoney's tenth annual CEE conference was that investors are increasingly attracted to local-currency bonds as a source of returns in a general spread-tightening environment.
  • The dinosaurs that were the old US futures exchanges are extinct. CBOT's and CME's changes, in response to upstart rivals such as Eurex US, may be paving the way to consolidation.
  • The productivity gap between the US and Europe is not as wide as is commonly believed. And eurozone productivity is growing, with more of that gain accruing to investors than to workers.
  • China's cuisine is among the world's finest but its wine industry lags far behind, a fact that new Hong Kong IPO candidate Dynasty Fine Wines Group has been striving to change since it started producing wine 25 years ago. Judging by current standards, the Tianjin-based company has some way to go, despite having an illustrious equity partner in Rémy Martin.
  • Schroders celebrated the success of its third year of sponsorship of the London Boat Show with a James Bond party. With vodka-martinis, casino tables and Bond character lookalikes amid the million-dollar yachts it could easily have been mistaken for a Bond film set.
  • Arsenal football club is in discussions with the Royal Bank of Scotland to issue a new £260 million 30-year secured bond to help finance the construction of its new £357 million stadium.
  • At least one brokerage firm in the US didn't have a Christmas party. Not that any of its employees are complaining.
  • By Camilla Palladino