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  • Awards
    Central bank governor of the year 1998: Gustavo Franco's bold use of power
    Brazil long needed a heavyweight in the central bank chair and now it's got one. Gustavo Franco earned his spurs in last October's Asian meltdown. His policy regime, especially the use of capital controls, is being studied around the world. Brian Caplen reports.
    September 01, 1998
  • BANKING
    Jair Ribeiro, Patrimônio
    Making up the rules in Brazil
    September 01, 1998
  • Top 100 Arab Banks: ROE growth
    Top 100 Arab Banks: Waiting for the after-shock
    September 01, 1998
  • Can the IMF play supercop?
    Must the IMF grow in size just to stomach the next bail-out, or should it reinvent itself as a tougher, global rating agency of countries and their banking systems? Such an IMF would not whisper advice into the ear of crony capitalists and then pay off their creditors - it would be a lean, mean agent of transparency and would deal out pain where pain is due. James Smalhout reports.
    September 01, 1998
  • Awards
    Finance Minister of the Year 1998: Leszek Balcerowicz
    Long, long ago, when half the world was ruled by men who still believed in state control of the economy, Poland took the gamble of letting the market decide the price of goods. That dose of shock therapy in 1989 became a model for eastern Europe. The man who imposed it became one of the region's leading economic thinkers. Now he is back at the helm of the Polish economy. James Rutter talks to Leszek Balcerowicz about history, movies and the trials of coalition government.
    September 01, 1998
  • Can the local banks hold on?
    When their country was isolated by sanctions, South African banks had it easy. Now foreign competitors are eating away at their share of the most profitable business. Sam Swiss reports.
    September 01, 1998
  • BANKING
    Antonio Miranda, Warburg Dillon Read
    Different ways to skin a cat
    September 01, 1998
  • BANKING
    Wilbur Ross, ROTHSCHILD
    Scavengers and scratchers of value
    September 01, 1998
  • BANKING
    Daniel Dantas, Opportunity Asset Management
    Making up the rules in Brazil
    September 01, 1998
  • BANKING
    Henry Cornell, GOLDMAN SACHS
    Scavengers and scratchers of value
    September 01, 1998
  • BANKING
    Brian Williamson, Chairman, Liffe
    "If anyone can rescue Liffe, he can." That seems to be the word on Brian Williamson, who in July put his initial reluctance to one side and agreed to become the London International Financial Futures & Options Exchange's first full-time - and salaried - chairman.
    September 01, 1998
  • BANKING
    Rebuilding pyramids, Russian style
    Russia's infamous "dark soul" is alive, if not well. In an article in a recent issue of Novaya Gazeta, Sergei Mavrodi, the architect of the MMM pyramid scheme that swindled millions of Russians out of their life savings, says that nothing would have persuaded him to invest in Russian government treasury bills (GKOs), which he calls "a low-tech version" of his own scam.
    September 01, 1998
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