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  • BANKING
    Newman's "vision thing"
    Two bulls in two pens
    May 01, 1997
  • BANKING
    Alan Smith is back
    When Alan Smith returned to work he took no chances. The former head of Jardine Fleming finished his six months of gardening leave on April 1. Not wanting to look a fool he started a week later.
    May 01, 1997
  • Two bulls in two pens
    News of a planned merger between Bankers Trust and broker Alex Brown came in a rush. In fact, though, the firms had long recognized their complementarities and had first started talking about a link-up in 1993. Peter Lee reports.
    May 01, 1997
  • Lessons from NatWest
    On February 28 NatWest Markets announced that it was suspending a trader after a £50 million loss on interest rate options. Two weeks later the bank suspended four more people, including two risk managers, and the hole had grown to £85 million. What went wrong? And what are the lessons for risk managers everywhere? By David Shirreff.
    May 01, 1997
  • BANKING
    Caught in the web
    Are banks facing a rough ride on the information superhighway?
    May 01, 1997
  • BANKING
    Making floor space for OTC
    Searching for the missing link
    April 01, 1997
  • BANKING
    US equity: UK bears in sheep's clothing
    "10,000 by 2000!" That's the latest prediction for the millennium opening on the Dow Jones Industrial Average from Ed Yardeni, chief economist at Deutsche Morgan Grenfell (DMG). Yardeni who might be described as the most optimistic man in the world will surely see his prediction tested now that US interest rates have started to rise. If he is proved right, investors worldwide will rejoice except perhaps those in the UK.
    April 01, 1997
  • Business travel poll 1997: Prestige counts for little
    Ideal location or in-room modems, seat size or frequent-flier programmes: what do business travellers value highest in their trips around the world? Garry Marchant pins down the priorities of some top businessmen and asks which hotels and airlines measure up best to their demands.
    April 01, 1997
  • Stipulation in the US Securities Act: A crazy law
    What is the most nonsensical law covering the financial markets?
    April 01, 1997
  • Open all hours
    The development of over-the-counter structured products has provided foreign investors with a way into Russia's bond and currency markets. Ted Kim reports on the instruments on offer to foreign institutions, not just in Russia, but in many of eastern Europe's markets
    April 01, 1997
  • Charge of the greenhorns
    Romania's government is pushing ahead with reforms to secure foreign borrowing, despite its limited experience of the capital market. By Laura Covill
    April 01, 1997
  • Business travel poll 1997: Winners in the travel game
    How do you get there? Where do you stay? Euromoney's survey of business travel rates the most comfortable and convenient airlines and hotels available.
    April 01, 1997
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