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  • Bank atlas 250 - results tables:
  • Bank atlas 250 - results tables:
  • Portugal’s new Social Democrat government is committed to reducing to zero the public deficit, now perilously close to the EU’s 3% ceiling, and increasing GDP growth by at least 50%. But do the figures add up, and can investors be persuaded to bankroll economic growth?
  • The five-year battle between Nasdaq and ECNs is heating up. Nasdaq launches SuperMontage in July, a worthy rival to the ECNs’ trading systems that could win back dealflow. Meanwhile ECNs are depriving Nasdaq of crucial revenue. Is this the start of the trading endgame?
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  • Bank atlas 250 - results tables:
  • Over the past few years, investors have learnt to take privatization promises by the Croatian government with a pinch of salt. Despite the rapid sales this year of Rijecka banka and other successes, many assets pledged to the market have been yanked from the selling block or otherwise left in state hands.
  • The Croatian banking market is small and the experience of foreign investors in it has so far not been entirely happy. Nevertheless some foreign banks – notably from Austria, Germany and Italy – see it as crucial to their growth and a core part of their regional strategy.
  • Companies are finding it increasingly difficult to fund in orthodox markets. So despite essentially misguided comparisons with the sort of special purpose vehicles put together by Enron, securitization programmes are becoming increasingly popular with borrowers and investors.
  • Deutsche and HypoVereinsbank are the biggest risers in the latest bank rankings by shareholders' equity. Fewer mergers make the size rankings stable. Unfortunately banks' earnings have been anything but.
  • People often talk metaphorically about a glass ceiling being an obstacle to career progression but at the Citigroup tower in Canary Wharf the threat from above is all too real.
  • The closed world of hedge funds is taking another step towards the mainstream with the arrival of a new index and greater availability of independent research.