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  • Has the European Bank for Reconstruction & Development outgrown its usefulness in Hungary, Poland and the Czech Republic? Some financiers believe the EBRD should concentrate on less-advanced countries with less developed capital markets. In Hungary they see it as a rival ­ aggressive and deal-hungry as any merchant bank. David Shirreff reports.
  • 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.
  • The Ospel interview
  • When the story broke it caused more excitement than the time when everyone was asking, "who shot Roger Rabbit?" Suddenly every banker from Frankfurt to Hong Kong wanted to know, "who at Dresdner Bank shot Simon Robertson?"
  • You're a first-time emerging market issuer in the bond market. Banks are desperate to win the mandate for your deal. But you want to make sure it flies. Do you, as Croatia did, put together two lead-managers? Or six leads, as in the forthcoming yankee for the Philippine central bank? No; if you're wise, you do the conventional thing and stick to one bank that you have a long-standing relationship with. Steven Irvine explains why.
  • Over the past three months Euromoney editor Garry Evans interviewed Ospel for a total of five hours, twice in Ospel's office in Basel and once last month, the day after the bank announced its 1996 results, by video link-up between London and Basel. The full 15,000-word text follows.
  • Indonesia's central bank governor, US-educated Soedradjat Djiwandono, has his work cut out. His tasks include maintaining investor confidence against a background of political instability and concerns about forthcoming elections. Maggie Ford reports
  • Business travel poll 1997: Prestige counts for little
  • ESG
    The odds are against women scaling the heights in finance. Glass ceilings still exist and tradition favours men when it comes to senior promotions. Despite this a small group of very talented and determined women have triumphed. Euromoney has identified 10 outstanding women and another 40 of notable achievement.
  • In the first two months of 1997 an economic state of emergency was announced in Colombia and the currency tumbled. Then, barely a week after the emergency was over, a blow-out $1 billion global bond was issued that catapulted the country out of the second division of emerging markets into the ranks of investment-grade borrowers.
  • India's feeble coalition government is taking bold steps to reform its debt market. Just four months after opening up domestic corporate debt to foreign investors, it has let them into the government bond market.