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  • A special report prepared by Santander Investment.
  • The structure of Spanish legislation is comparable to that of leading worldwide economies. This is partly due to the demands of the European Union of which Spain is a member, but also due to the desire of the Spanish government to internationalize its financial markets. Liberalization in Spain in the last 10 years has been widespread and rapid.
  • Economists now predict an upturn in the world economy. Country scores in Euromoney's country risk ranking, based on our poll of economists and political analysts, plus market data and World Bank debt figures, have jumped by an average of 2.75 percentage points. Research and commentary by Charles Piggott.
  • French banks have given up their global ambitions with mere survival occupying their minds. The task of slimming down and restructuring is made more difficult by French aversions to job losses and hostile takeovers. But, like it or not, brash Anglo-American ideas about markets and management are being taken on board, reports Jonathan Ford.
  • Want to lend to Fiat but your country limit for Italy is full? Want to take exposure to Brazil without also incurring US interest-rate risk? Want six-month exposure to the Philippines but there are no securities under two years in the market? The bold, new world of credit derivatives allows you to do all this and lots more. Mark Parsley reports.
  • A special report prepared by SBC Warburg, a division of Swiss Bank Corporation.
  • The Forrest Gump phenomenon, Hanson provokes bondholders, Borrowers' market, Return of the Asian issuers.
  • A special report prepared by Benito & Monjardin SVB.
  • A special report prepared by Credit Suisse Financial Products.
  • Jean-Claude Komarovsky masterminds a bid for the widest mandate ever contemplated in the history of the Universe, and visits a squirrel farm near Woking.
  • Nordic bonds led the world in performance last year, as investors applauded economic recovery and fiscal restraint. Although the upside now appears limited, they still provide a yield pick-up over German bonds. Norman Peagam reports.
  • A special report prepared by Societe Generale.