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  • At the end of December a select group of Euromarket veterans gathered under the shadow of Credit Suisse First Boston's tower at Canary Wharf. There were there to watch Bank of England governor Eddie George unveil a monument to perhaps their most outstanding colleague. Michael von Clemm, former chairman of CSFB and Merrill Lynch Capital Markets died on November 6, 1997 at the age of 62.
  • Chicago Exchanges: Working against the grain
  • Citicorp's chairman, John Reed, is now 59. Though he looks likely to remain in place while the merger with Travelers Group is work in progress it won't be too long before his succession is again debated. When it is, one name certain to figure prominently is Victor Menezes, who with Michael Carpenter now has the job of knitting together the corporate banking businesses of Citicorp and Travelers' Salomon Smith Barney.
  • Romania will default on its foreign debt without assistance from the IMF and World Bank. This is unlikely to be forthcoming unless a politically induced log jam on economic restructuring and privatization is overcome. At last the government has recognized the crisis. Rebecca Bream reports.
  • The Asian crisis, globalization and John Manser's desire for order have all conspired to end the independence of Hong Kong's last serious investment bank. Once the cornerstone of profitability at Robert Fleming and Jardine Matheson, Jardine Fleming is to be merged with its UK-based parent. It is the end of an era.
  • Euromoney's third Asian company ranking is based on a survey of market analysts at major banks and research institutes worldwide. We received 37 replies. Respondents were asked to nominate the top three companies in each of the countries or sectors they covered, bearing in mind market strength, profitability, growth potential and quality of management and earnings. The company's current share price was not taken into account. Points were awarded on a scale of 4:3:2.
  • Japan 50: Japan's unsteady giants
  • Solid performers that buck the trend
  • Solid performers that buck the trend
  • Blue chips of the future
  • Japan 50: Japan's unsteady giants