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  • Deals of the Year
  • Asset privatized: Svyazinvest
  • Want to buy a biggish local bank at a knock-down price? Join the queue of foreigners bidding for former state-owned banks in central Europe - but watch out for messy loan books and murky questions of ownership. Antony Currie reports on the restructuring of the region's banking systems and profiles three of the newly foreign-owned banks.
  • Since Anatoly Chubais became finance minister, Russia's stock has risen dramatically. The architect of privatization is now pushing ahead with wide-ranging economic reforms, to the delight of the international community.
  • As it tried to fend off speculative attacks against the baht this summer, the Central Bank of Thailand played every trick it knew, from the conventional to the heavy-handed, to prop up the currency. This included raiding firms suspected of spreading negative rumours and black-listing investment banks that lent to hedge funds. James Sinclair reports.
  • Asian brokers: The old hands fight back
  • Intersec 250: Clash of the titans, once again
  • Emerging market banks: Turbulent times
  • Flexibility of staff, good systems and local knowledge will decide which banks will emerge as winners from Emu. John Leonard's tips include Deutsche Bank, ABN-Amro, Den Danske Bank, Barclays, Santander and Allied Irish.
  • If the terms for accessing Target - the proposed interbank payments system - are unfavourable, banks from countries outside Emu might decide to forget about the official euro markets and create a Euro-euro market.
  • The trend in Europe is for banking supervision to be split off from central banks. So, after Emu, who should have ultimate responsibility for the safety of the banking system: national central banks, the European Central Bank, or some new regulatory agency?
  • Asian brokers: The old hands fight back