Search results for

They arrive, a little disorientated, pale and gangly, on the cusp of adolescence and adulthood, secretly tingling with excitement and nervousness, but desperately trying to project an air of worldliness and an attitude of "been there, done that, got the T-shirt".

The development of banking in Egypt depends heavily on government action. Privatization is moving slowly, important legislation has been delayed and there are no signs that the overvalued Egyptian pound will be devalued. The equity market is also stagnant, with few private companies making new listings.

Thailand's new bankruptcy court sent out an encouraging message to international lenders in March when it declared the country's largest debt defaulter insolvent in a benchmark case that paved the way for its restructuring.

Pfandbrief-style debt is emerging from countries all over Europe, bringing new forms of collateral and legal structures to a market traditionally dominated by German issuers. The new issuers have attracted some new buyers, but are still finding it difficult to tap into investor bases in the US and Asia, partly because of euro weakness. Euromoney.com went behind the scenes at the International Bond Congress to ask some of the biggest German and non-German covered bond issuers what they want from arranging banks and how they are building investor confidence in their products. This roundtable first appeared on the internet at www.euromoney.com/pfandbriefe.

The Shadow Financial Regulatory Committee, an influential group of US financial thinkers with a lot of clout in Washington, has spent the past year reconsidering bank capital standards. Their recent proposals call for bankers to raise new funding in the form of subordinated debt as a way to curb bad habits.

Issuer: Ukraine Amount: e2.6 billion Type of issue: Exchange offer Launched: February 4 2000 Lead manager: ING Barings

Allan Meltzer and his cabal of fellow iconoclasts obviously hit something when they fired their round in the debate about the IMF and the World Bank.

Asia may be bouncing back. But apprehension was in the air when the IMF, the World Bank and the Asian Development Bank convened a conference in Washington to discuss financial contagion. Rudiger Dornbusch, MIT's celebrated international economist, was one of the prime movers for this event. He talked to James Smalhout.

Methodology