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  • Despite measures by some governments to curb expenditure, withdeflationary effects on economic growth, the health of Arab banks remains good.Banks from the Gulf Cooperation Council states, particularly Saudi Arabia and Bahrain, continue to dominate the top 100 rankings. Martin Gallagher and Andrew Ioannou analyze the latest results.
  • Over the past year, Roberto De Ocampo has more than vindicated his award of 1995's Euromoney Finance Minister of the Year. He goes from strength to strength, as part of a team under President Fidel Ramos that has brought the Philippines from being the sick man of Asia to become one of its star performers.
  • Edson Mitchell's bold attempt to turn Deutsche Morgan Grenfell (DMG) into a world-beating bond house has made headlines in the past year. He has employed about 500 new staff -­ including many from his old firm, Merrill Lynch -­ in little more than 12 months. But until now Mitchell has shied away from talking publicly about his plans. Here, for the first time, he reveals what his aims are -­ and how he's going about achieving them. Mitchell spoke to Garry Evans
  • Robert Rubin, secretary of the US treasury, has faced tough situations and made tough decisions. In a remarkably short time, he dealt with the Mexico crisis and put the dollar back on course, demonstrating a rare grasp of both domestic politics and global markets. By Katharine Morton
  • Managing director and head of fixed-income trading and sales, West Merchant Bank Limited
  • The world's big borrowers have found a new source of super-cheap funding. In the past year, a group of small, hitherto almost unheard of Japanese institutions ­ most famously the Teachers' Pension Fund ­ have bought as much as $100 billion of structured Euro-MTNs. So desperate are these investors for certain types of securities that a top-rated borrower can raise funds via a private placement in Japan for as little as Libor minus 60 basis points. Garry Evans explains how
  • The new dawn in South Africa is not an unmixed blessing for its banks. They now have to face foreign competitors muscling in on a sector they previously monopolized. But with their strong networks and increasing overseas resources, local banks are finding that alliances with foreign institutions can be mutually beneficial. Bruce Cameron reports
  • Stock exchanges all over Europe are junking floor trading for electronic trading. Power is being handed to the intermediaries, while bourses battle over price, efficiency and liquidity. Laura Covill considers which exchanges are likely to survive beyond 2000
  • Komarovsky falls helplessly into a sinister web of deadly intrigue and in-flight food
  • Salle d'Attentes Deuxième Classe, Gare de Trou-sous-Mer, Pas de Calais ou d'Argent, France
  • Bank buildings were once designed to convey solidity and reliability. Then they went through a phase of gigantism. Now the emphasis is on user-friendliness and functionality. But there are still hints here and there of folies de grandeur. Stephanie Cooke reports