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  • Awards for Excellence 1997
  • Awards for Excellence 1997
  • Awards for Excellence 1997
  • Awards for Excellence 1997
  • Awards for Excellence 1997
  • If you think risk management is a serious business, then you haven't met Mervyn Stutter. Wearing a Hawaian shirt and a garish pink suit, the singer/comedian performed a musical revue of financial risk in front of an audience of initially reticent risk management experts at the end of June.
  • Foreign funds are reducing their holdings in the relatively expensive Spanish equity market but domestic demand is mopping this up - and more. Falling interest rates, tax concessions on equity holdings and corporate-friendly labour-market reforms have attracted the Spanish away from fixed interest. And some foreigners are finding Madrid a useful proxy for Latin America. Jules Stewart reports.
  • The postponed Philippines' yankee was finally launched last month in a way that appeared to save face for both the country and lead-manager Salomon Brothers but which, in reality, retained the quirkiness of the entire saga.
  • Awards for Excellence 1997
  • Awards for Excellence 1997
  • The globalization of the securities markets can put issuers and underwriters in breach of us law without their realizing it. And journalists can be the unwitting bearers of illicit news. Peter Lee asks if the SEC is about to make some long overdue changes.
  • Contrasting with the bullish prices of much emerging market debt, Yugoslavia's has dropped from being traded in the high forties a few weeks ago to a low of 35%, following inconclusive talks held at the end of June between the government of the Federal Republic of Yugoslavia (the FRY consists of Serbia and Montenegro) and the relevant London Club committee. Some analysts think the price could go lower still.