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  • Treating voters is an inevitable feature of political campaigning in the Philippines. But who really benefits from the hand-outs?
  • UBS has sparked controversy in electronic trading by becoming Bloomberg?s sole provider of dealer-to-client execution in exchange-traded derivatives (ETDs).
  • Greece?s newly elected conservative government has managed to convince most market participants that it is serious about making good on its promises for faster economic growth. It will, however, have to work hard and deliver fast to avoid disappointing these high expectations in its race against time to prepare the country for the Olympic Games.
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  • Singapore will soon be second to Switzerland in offshore private banking, having overtaken its main Asian rival, Hong Kong. And it is attracting money from wealthy Europeans as well as from Asians.
  • A high-spending chancellor and a continuing consumer boom might not be in the long-term interests of the UK. They are, though, fundamental to foreign investment that is pushing up sterling.
  • Bankers are eager for the implementation of Saudi Arabia's capital markets law. But this won't happen until the regulator's chairman is appointed
  • May has arrived, which means it?s time for City gents to swap their bowler hats for boaters, and head to the English countryside for summer sporting events. Or was that just the way it was before Big Bang?
  • The EIB lends more than any other multilateral but receives far less scrutiny. Many people don't know if it is a bank or an EU institution. Critics say it is unsupervised, opaque and unwilling to deal with conflicts of interest and misdirected lending. Now, stung by a critical report prepared for the European Parliament, EIB president Philippe Maystadt is having to fight hard to defend the bank.
  • Rising volumes of primary issuance in Europe mask the fact that most companies are not selling shares to fund growth or to restructure.
  • GlaxoSmithKline used careful timing to make the most of the dearth of jumbo dollar corporate issues so far this year.
  • Cheap, profitable and geared for growth - that is how Moscow?s investment bankers are selling Russia?s burgeoning steel sector. Years of investment are bearing fruit and high international prices are boosting bottom lines. But the big-four steel companies are getting too big for their boots. As they turn their attention to landing large international contracts, the leading companies are getting ready to step into the big league by getting their corporate governance act together and analysts are expecting a round of mergers.