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  • Issuer: Capital One Bank
  • One thing stopping banks from trading loans in the secondary market is the lack of standardized documentation. But as Christopher Stoakes reports, this may be about to change.
  • October's downturn in stock markets could be a blessing. Most markets haven't yet crashed in a way that is damaging to economies (except in Asia) but the falls were a timely reminder that prices go down as well as up. Barring a more severe shock, the effects of the volatility could be benign. A saner approach by investors and capital raisers is expected.
  • They couldn't have picked a better week to open. What else would a City trader want but a safe haven from the ravages of the stock market?
  • When it comes to infrastructure projects, this is the big one - an engineering feat on a par with the Great Wall of China. But as well as flooding 600 kilometres of the Yangzi valley, the Three Gorges dam could cause a deluge of arguments among the foreign banks and contractors lining up to get involved. Jack Lowenstein reports on some early signs of trouble and picks out the project's likely backers.
  • Issuer: Telecom Italia
  • As Argentine pension and mutual funds mushroom, strong foreign interest has added to demand for government debt, corporate bonds and IPOs. But as Michael Marray reports, 1998 could be an even better year for Argentine issues
  • Pulling away from the pack
  • Pulling away from the pack
  • With anywhere between $2 billion and $5 billion of exposure to the 58 finance and securities companies recently suspended by the Thai government, foreign creditors are losing their chai yen(cool heart) and turning to the law courts to get their money back.
  • Two years and that's your lot. At least that's the usual practice for heads of borrowing at Korea Development Bank (KDB). So Duck-Soo Kim's departure after three and half years in the job was  if anything  a bit overdue. The new man is Young-Jin Lee.