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  • Vanuatu: the serious side of paradise
    Since independence in 1980, Vanuatu has established a reputation as one of the most stable Pacific island countries. Its government is now promoting the islands as a tourist destination and offshore financial centre. Ben Davies reports from Port-Vila
    August 01, 1996
  • Digging up the past
    Jewish organizations have long urged a full search for orphan funds deposited in Switzerland by victims of Nazi persecution. Right after World War II many accounts were located. But Swiss bankers, with their obsession for secrecy, have failed to convince the world that they have tried hard enough since. Now they've signed an agreement that may clear more of the fog. Stephanie Cooke reports
    August 01, 1996
  • The White Russians from Long Island
    They are the sons and daughters of aristocrats and capitalists who fled the Bolsheviks in 1917. They all know each other because they're from the same small town in America. But they've returned to Russia to work in its capital markets. For some it's a homecoming; for others it's simply an opportunity to exploit a language skill. Steven Irvine reports
    August 01, 1996
  • BANKING
    MICROFINANCE
    Small lenders count too
    Antony Currie, July 01, 1996
  • Deal insider: Nomura spots Euroyen opening
    STEVEN IRVINE
    July 01, 1996
  • Saudi Arabia: Financing a future beyond oil
    While rising oil prices are easing Saudi Arabia's immediate economic problems - a deep budget deficit and depleted foreign reserves - the country needs to make structural changes, cut spending and create new jobs to reduce its dependence on volatile oil. Norman Peagam looks at the task confronting a new team of western-educated technocrats
    July 01, 1996
  • Regulation: The agony of the global supervisor
    A handful of the world's top financial institutions have not one regulator but many, spread over diverse products and markets. These regulators, scared by Barings, Daiwa Bank and other disasters, are trying to plug holes in the supervisory net. But it's a tough job to coordinate oversight and to ensure that at least one supervisor has the full picture. David Shirreff reports
    July 01, 1996
  • EUROPE 2000 SURVEY: For better, for worse
    Europe faces fundamental change. This survey looks at some of the uncertainties. Will the single currency collapse? How will Europe's central bank work? And can bureaucrats bridge the gap between rich and poor countries? Introduction by Nigel Dudley
    July 01, 1996
  • China: Reining in the free market
    Securities regulator the CSRC was set up in 1992 to bring order to China's new and frenetic securities markets. But its attempts to impose discipline have met with mixed success. Turf battles with other authorities, political agendas that take precedence over market-based listing criteria and high-profile departures have made the regulator as raucous as the markets it was supposed to tame. Sophie Röell reports
    July 01, 1996
  • Financial lawyer: Asking leading questions
    Although the law on what a lead manager can and cannot say about the success of a bond issue is reasonably settled, it still causes banks and, in particular, their compliance officers, difficulties in practice. By Christopher Stoakes
    July 01, 1996
  • Editorial: Just awards
    July 01, 1996
  • Market Monitor: Testing the global bond market
    Edited by Peter Lee
    July 01, 1996
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