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Charles Harman's arrival at his new job with Donaldson, Lufkin & Jenrette (DLJ) in December was the latest step in a career that has seen him rise rapidly through the ranks of investment banks focusing on central Europe and Russia.

Move over Bob Dylan, here comes Got Jakapun and his own brand of social comment, Thai style.

The Euromoney that never was. To salute the departure of editor Garry Evans after eight years' gallant service the magazine produced a special version of its monthly cover, a real collector's item. This is Evans in his triumphant role as Alberto Schultz, the Leeson-style villain of a simulated bank crash, the Fall of Mulhouse Brand, performed last August. Evans is now a market strategist at HSBC Securities in Tokyo, researching the very stocks whose demon behaviour triggered Leeson's downfall. His fluent Japanese and skilful editorship through the volatile 1990s should prepare him for anything the Nikkei can throw at him. But will he now be able to get to closer grips with that much-needed reform of Japanese finance, which he called for so often in his editorials?

MoF fries in "no pan shabu shabu"

Following a Dutch World Cup soccer victory against Germany in 2002 the Dutch are emboldened to walk out of European economic and monetary union.

Until recently, the name of Nomura, Japan's largest investment house, did not mean much to the general public in Bulgaria. Recently, however, the Bulgarian media have been eager to find out more about Nomura as its European executives were due in town, intending to acquire one of the the country's best banks.

It's been a period for emotional farewells recently. As investment banks merge, sell or close down, several familiar names have disappeared for good. Over the past few months we have said goodbye to BZW, NatWest Markets and Peregrine.

Korea stares into the abyss

MoF fries in "no pan shabu shabu"

After many false starts, the slow train of Indian privatization is picking up speed. Whichever parties form the next government, the sale of state assets will continue. By Kala Rao.

By mid-December, bankers, central bankers, governments, the IMF, were increasingly worried that Korea was on the point of financial collapse. Its banks were weighed down by excessive short-term foreign-currency debt; its hard-currency reserves were on the point of exhaustion. Worryingly, the $57 billion multilateral government and IMF aid package hammered out in November had failed to stop the haemorrhaging of liquidity, confidence and credit.

Debt securitization, hi-tech IPOs, share buy-backs, complex capital-raising deals for banks ... Nordic finance was never supposed to be this interesting. Charles Olivier reports on the changing face of the Nordic capital markets