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  • New president Junichi Ujiie says he wants to introduce radical change to clean up and modernize Nomura Securities. If he succeeds, the Japanese house could pick itself up from its recent scandal and bounce back to become a global financial power-house. But first Ujiie must halt the bloody factional infighting that marred the term of his predecessor, Hideo Sakamaki, and wipe out the pernicious influence of two former presidents, the Tabuchis. Garry Evans reports.
  • Hillboot Intergalactic PLC,
  • It was a twist of fate. In the same month as Jardine Fleming sacked one of its senior executives for being involved in gun-running for rebels in Papua New Guinea, another man with miltary ties was airing his views on the similarities of banking and soldiering in Fleming's monthly research reports.
  • Saudi Arabia's capital markets will require reform and liberalization if the kingdom is to build a dynamic economy on what is left of its oil wealth. The Saudi authorities are as aware of this as outside observers and their own bankers, but have been ultra-cautious about implementing change. Philip Moore reports on signs of a quickening pace.
  • Bank atlas 1997: The world's leading banks
  • First there were commemorative watches, then there were commemorative bottles of beer - called Red Dawn. Now the Bank of England has joined the crush to make a buck out of Hong Kong's handover to China by printing special £5 notes.
  • Borrowers: Borrowers start to play a strategic game
  • Deal: Block trade in BP stock
  • Bank atlas 1997: The world's leading banks
  • 1997 Bond Trading Poll: The rise of the continentals
  • The European integration process moved on with increasing speed during 1996. As January 1 1999 moves closer, the sustained political will to convert the Maastricht Treaty is clear.
  • A special report prepared by Deutsche Morgan Grenfell