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  • Rich man, poor man
    As Russia's two largest cities prepare to float their first Eurobonds, Moscow dominates the Russian business and financial landscape. But number two St Petersburg is trying harder. By Craig Mellow
    April 01, 1997
  • Armenia
    All material subject to strictly enforced copyright laws. 1998 © Euromoney Publications PLC.
    April 01, 1997
  • Kazakhstan - Kazkommertsbank
    April 01, 1997
  • BANKING
    Islamic Investment: Funds that keep the faith
    Western banks and money managers are battling for a share of the emerging markets as a provider of investment funds. One of the fiercest fights is for the short-term cash deposits of Muslim investors, whose volume worldwide is estimated at $50 billion. Despite setbacks and strict rules against investment in interest-bearing securities, Islamic funds are all the rage.
    April 01, 1997
  • BANKING
    South Africa: Opening the Eurorand avenue
    The World Bank's decision to open up its 25-year Eurorand offering for the third time late last month and the EIB's R100 million ($23 million) five-year deal are signs of renewed confidence in this nascent market. The next step in the market's maturing must be its use by local issuers, which is expected soon.
    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
    US equity: UK bears in sheep's clothing
    "10,000 by 2000!" That's the latest prediction for the millennium opening on the Dow Jones Industrial Average from Ed Yardeni, chief economist at Deutsche Morgan Grenfell (DMG). Yardeni who might be described as the most optimistic man in the world will surely see his prediction tested now that US interest rates have started to rise. If he is proved right, investors worldwide will rejoice except perhaps those in the UK.
    April 01, 1997
  • BANKING
    US Bond Market: Yankee dawdle sped by Fed
    Players in the yankee market heaved a collective sigh of relief when the fed funds rate was increased. Following a near-record year in 1996 there were just 11 public yankee issues in February and March. The reason they had been waiting for the Federal Open Market Committee move which came at last on March 25.
    April 01, 1997
  • BANKING
    Making floor space for OTC
    Searching for the missing link
    April 01, 1997
  • BANKING
    Polishing up junk for Europe
    The quest for Emu market share
    April 01, 1997
  • BANKING
    Marcel Ospel: The road to the top
    The Ospel interview
    April 01, 1997
  • BANKING
    Marcel Ospel: The Ospel style
    The Ospel interview
    April 01, 1997
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