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  • The figures behind the figures
    The accounting standards still used by most Russian banks are a hangover from the old Soviet system, revealing little about their health and bandaging up their infirmities. International investors want international standards. Banks and regulators are responding but full reform will take years. Antony Currie reports
    October 01, 1996
  • Boutiques for sale
    Within the past year two of the most respected investment banking boutiques have been sold ­ Gleacher to NatWest and Wolfensohn to Bankers Trust. Do those deals mark the beginning of a trend and, if so, which targets are left? Stephen Neish talks to the main players
    October 01, 1996
  • Flemings: The search for a strategy
    UK merchant bank Robert Fleming is in dire need of a good performance in 1996. It's unlikely to get one. With thousands of new employees hired in a bid to extend the global network, revenues have not grown fast enough to cover costs. Shareholders are restless. Charles Olivier reports
    October 01, 1996
  • Kerr's people: Shira Cornwall; Jonathan Hakim; John Langton
    Executive director and head of European bond credit research, UBS
    October 01, 1996
  • Opinion
    Front end
    From lactation rooms to the high seas, with a lot of music in between.
    October 01, 1996
  • Thailand: Foul play on the fairway
    Self-taught M&A expert Rakesh Saxena teed off a glittering career on Bangkok's exclusive Navatanee golf course. But he eventually helped drive Bangkok Bank of Commerce into the rough with a bunch of allegedly dubious deals. Five of Saxena's Thai associates are due to be tried for embezzlement and the Bank of Thailand is now trying to rescue BBC. Saxena made it away to Vancouver, where he awaits extradition proceedings. Meanwhile, he protests his innocence and hones his golf skills. Gill Maitland reports
    October 01, 1996
  • Awards
    Central bank governor of the year 1996: Antonio Fazio – unfazed and very independent
    Antonio Fazio, governor of the Banca d'Italia since May 1993, has steered the Italian economy towards low inflation and further enhanced the central bank's reputation for independence.
    September 01, 1996
  • Why French banks need a shake-out
    Competition in French banking is distorted by an outdated legal framework. French banks need to be downsized and made more profitable. Their returns on equity and cost/income ratios are deplorable. Strong statements. But those aren't Euromoney's views, they're the views of Marc Viénot, chairman of one of France's biggest banks, Société Générale. He spoke to Felix Salmon
    September 01, 1996
  • European monetary union: A technical ascent
    All over Europe, banks are counting the cost of preparing for the single currency ­whether their home country is "in" or "out". Apart from buying new bank-wide technology, they face a loss of trading revenue and a threat to their corporate client base. Not to mention the thought that it may never happen. Peter Lee reports
    September 01, 1996
  • BANKING
    Arab 100: Top 25 by total assets
    The top 100 Arab banks
    September 01, 1996
  • A new risk of default
    Mexico, Brazil and Argentina have adhered to their structural reform programmes despite the side-effects ­ on growth and employment ­ in order to maintain investor confidence. But, David Pilling argues, high financing requirements could still lead them into difficulties. A sudden outflow of capital might result in default
    September 01, 1996
  • BANKING
    Arab 100 tables: Top 25 by ROI
    The top 100 Arab banks
    September 01, 1996
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