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  • SG Corporate & Investment Banking (SG CIB) has added Guiseppe Attene to its European Debt Capital Markets Origination Team and its Italian Debt Finance platform.
  • Even thought they've been cutting costs for three years and signs say the economy is picking up, 85 percent of CFOs still say that cost-cutting is their highest priority, according to a new Booz Allen Hamilton report. Only three percent say they have utilised every cost-cutting option.
  • MARKET SHARE
  • The new member states of the European Union offer foreign fund managers a fast growing asset pool. However, the market has already been targeted by such firms as Allianz Dresdner. Is it too late for others to make an impression? The chance to shine may come when investors look outside their home markets.
  • Have French efforts to create a national champion in the pharmaceuticals industry left its companies more vulnerable to hostile takeovers?
  • The EIB vehemently disputes the criticism that its risk management isn't up to scratch – a criticism contained in Emac's draft report but removed from the final version. At the end of last year, it put all its risk management functions in its risk management directorate, headed by Pierluigi Gilibert.
  • ECM bankers at an investment bank near Liverpool Street in London have added a new twist to an old English pub game.
  • Demand for equity-linked issues remains strong but issuance has dropped off dramatically from 2003 levels. Bankers look to slowing stock markets later in the year to revive the sell side of the market.
  • Latin America's high-net-worth individuals have followed their peers in the rest of the world in demanding more sophisticated and personalized services from their private bankers.
  • The European Bank for Reconstruction and Development decided to restrict its already minimal lending to Uzbekistan in April, after the bank decided that the country had failed to meet economic and humanitarian benchmarks it set one year ago.
  • www.breakingviews.com