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  • An easy story to sell
    International demand for Russian equity has grown steadily over the past year. But the supply has not kept up pace as companies struggle to cope with confusing laws and accounting muddles. Sophie Roëll reports
    April 01, 1997
  • BANKING
    Investment Banking: BoA's shy east-coast partner
    Following the announcement in February of a merger between Morgan Stanley and Dean Witter, investment bankers have been guessing about the shape of other such deals. Few would have predicted the strategic alliance unveiled in March between Bank of America, the US's third-largest commercial bank, and DE Shaw, a publicity-shy New York-based investment bank, run by computer scientists.
    April 01, 1997
  • BANKING
    UK elections: Many seats will move the market Footsie?
    Investors are awaiting the results of the British general election with mixed feelings. In political and financial circles it's generally forecast that on May 2 the Labour party will win a majority, ending the 18-year rule of the Conservatives. What remains in doubt is the size of the majority the party will command.
    April 01, 1997
  • BANKING
    Polishing up junk for Europe
    The quest for Emu market share
    April 01, 1997
  • Azerbaijan
    April 01, 1997
  • BANKING
    Business travel poll 1997: The world's best hotels
    Business travel poll 1997: Prestige counts for little
    April 01, 1997
  • Kerr's People: Stephen West, Managing director and head of credit trading, SBC Warburg
    Which house in the primary international fixed-income markets is capable of catching and overtaking Merrill Lynch? Goldman Sachs or Morgan Stanley? Certainly Goldman is going like a runaway train this year. Morgan Stanley on the other hand needed a bump-start. How about JP Morgan, the bank with class written all over it?
    April 01, 1997
  • Overvalued derivatives: Smile and dial
    Banks putting the wrong value on out-of-the-money options isn't a new phenomenon, but today's fat bonuses and fiercely competitive markets lead us into temptation, says David Clark.
    April 01, 1997
  • Georgia - Absolute Bank
    April 01, 1997
  • North Korea: Debt shows first signs of life
    True to its reputation for intransigence, North Korea has made no signs of wishing to start repaying or rescheduling its debt. But such defiance hasn't prevented its debt prices rising by 15% on long-shot speculation that North and South Korea could reunite and as a result of generally positive sentiments on emerging markets.
    April 01, 1997
  • Just another game of Asshole's Roulette
    Even the hardened souls on Intergalactic's trading floor gasp as JJ swings his wad onto the desk, challenging Ace Iceberg to one of the toughest plays on this planet.
    April 01, 1997
  • BANKING
    Marcel Ospel: Swiss banks and the holocaust
    The Ospel interview
    April 01, 1997
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