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  • 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
  • Now for a real privatization
    The privatization of Romania's banks has been repeatedly stalled over the past three years. Now the new government is taking the job seriously in order to get its World Bank credits back. But will it find any buyers?
    April 01, 1997
  • Eastern Europe: The rush for funds
    April 01, 1997
  • The year of the bond
    Russia's debut in the Eurobond market last year was just the start. Expect deals this year from several large cities and a brace of top Russian corporates
    April 01, 1997
  • Central Asian Round up
    April 01, 1997
  • Research guide to banking services in Central Asia and Transcaucasia
    April 01, 1997
  • Moscow leads the way
    Bankers are playing a waiting game as Russian entities come within reach of the international markets. But guessing who's going to be next is not always easy
    April 01, 1997
  • Rich man, poor man
    As Russia's two largest cities prepare to float their first Eurobonds, Moscow dominates the Russian business and financial landscape. But number two St Petersburg is trying harder. By Craig Mellow
    April 01, 1997
  • Exchange-traded derivatives: Searching for the missing link
    Many derivative exchanges have lost touch with what their customers want most. That is liquidity, but also cheap and efficient processing of trades. Ambitious schemes for linking exchanges over time zones haven't brought this, so over-the-counter business is booming. Andy Webb reports.
    April 01, 1997
  • BANKING
    Cabbie calamity
    London's cab drivers, long known for their forthright views, have recently turned their wrath on the financial markets. The problem is the plans of one black cab radio network, Computer Cab, to list 49% of its estimated value on London's Alternative Investment Market (Aim). At 80p a share, this should raise around £4 million to help pay for a new system called Mobistar, which uses a satellite to track the position of the cabs.
    April 01, 1997
  • BANKING
    Tedeschi? No grazie!
    Monetary union without Germany, or more precisely without the Bundesbank: that's the prescription of Nobel laureate Franco Modigliani. The Bundesbank has already become the central bank of Europe, Modigliani argues, with its "miserable monetary policy" of high real interests in the face of low investment and rising unemployment. He would like to index central bankers' salaries to inflation and joblessness figures.
    April 01, 1997
  • BANKING
    Cherchez la femme
    Ever had the feeling someone is watching you? You just might be right if you're a high-flier working in the City of London. Bosses are increasingly taking steps to ensure that employees intending to leave don't take valuable information, clients and colleagues with them.
    April 01, 1997
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