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  • The 1997 Guide to Germany: Derivatives
    A special report prepared by Dresdner Kleinwort Benson
    June 01, 1997
  • Talking up Tel Aviv
    Israel is awash with companies - many in the high-tech sector - eager to make equity and debt issues. Not surprisingly, foreign banks are beginning to establish local bases. The snag for the local capital market is that much of the listing is being done abroad, particularly on Nasdaq. Nick Kochan reports on efforts to bring some of it home.
    June 01, 1997
  • BANKING
    Why Japanese break the law
    The scandal at Nomura Securities, the subject of this month's cover story, carries an important lesson for anyone dealing with Japan. Japanese financial institutions have a very different attitude to the law than do their western counterparts. Not to put a finer point on it, they have little moral compunction about breaking the law when it suits them.
    June 01, 1997
  • BANKING
    OTE's new tranche triggers jealousies
    Shaping up for the single currency
    June 01, 1997
  • BANKING
    Borrowers: The privatized French treasurer
    Borrowers: Borrowers start to play a strategic game
    June 01, 1997
  • BANKING
    Pakistan: Picking over the power puzzle
    These are nervous times for investors in Pakistan's power sector, which has attracted around $3 billion since 1994. Allegations that agreed tariffs were set too high and that several of the 18 independent power projects (IPP) that have achieved financial closure involved illegal gifts to members of Benazir Bhutto's government have prompted Nawaz Sharif's administration, which took office in February, to scrutinize terms and conditions.
    June 01, 1997
  • BANKING
    German Government Bonds: An end to muddling through
    The main banks trading in the European government bond markets are looking closely at the mechanisms used to offer government bonds in the primary market.
    June 01, 1997
  • The 1997 Guide to Germany: Equities
    A special report prepared by Dresdner Kleinwort Benson
    June 01, 1997
  • Shaping up for the single currency
    Greek banks will need to consolidate if they are to be competitive in the European single-currency system. Much as their officials dread the prospect, it looks as if the big state-owned banks will also have to privatize to get fighting fit. Privatization in Greece has not been undertaken at break-neck pace, but the second tranche of telecoms company OTE's float will be a big step forward. Philip Eade reports.
    June 01, 1997
  • BANKING
    Brighter after bad cheque day
    Shaping up for the single currency
    June 01, 1997
  • BANKING
    Ujiie's battle-plan
    Can Ujiie clean up Nomura?
    June 01, 1997
  • BANKING
    Munificent Moscow
    By all accounts the City of Moscow is in good shape.
    June 01, 1997
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