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  • Failing the Mexico test, Keep your distance, Exposure control, It's tough to be cool.
  • Asset swaps have grown rapidly in recent years mainly because of banks' excess liquidity and their need for floating-rate assets. But what happens when interest rates rise and banks start to increase lending again? That would either give the asset-swap market a big boost, or kill it - depending on who you ask. Rupert Gordon-Walker reports.
  • Hans-Peter Bauer: head of global fixed income and derivatives, UBS, London. Tinny Hasendonckx: head of Euromarket trading- Kredietbank Brussels. Thomas Keller: head of asset/liability management-L-Bank, Germany.
  • The senior executives who read Euromoney are a loyal and conservative group. This magazine's annual business travel poll shows a strong consistency in the executives' decisions on how to travel when they are away on business.
  • Issuer: GPA Amount: $4.05 billion Launched: March 11 Lead manager: Morgan Stanley
  • A special report prepared by Balkanbank
  • No-one believes that investment bank research is fully independent. As competition and costs escalate, the pressure on analysts to hawk deals and withhold negative views is intensifying. While some analysts get rich in the new environment, many have quit, and investors have turned to their own and third-party research. Michelle Celarier reports.
  • Charlotte-based Nationsbank is now hot on the heels of Chase/Chemical and those global investment banks in Europe. But is the full-service ideal right for a house that grew by opportunistic acquisition, mostly of distressed or damaged goods? Philip Eade reports.
  • Inside London's St Paul's Tavern, Billy Whitbread sups his first pint. He thinks it highly hopped and attenuated - a process whereby you get as much alcohol out of the sugar solution as possible. "It's Gales or Pedigree," he concludes, verging finally on the former, because Pedigree "has more of an effect on my head".
  • Why Achilles heel? Because the Bonn government - once the single-minded champion of European economic union - is paralyzed by problems in its own backyard. It has pumped billions of Deutschmarks and man-years of management into its five new Länder, but they show little sign of surviving without life-support. And Germany's slide into recession, in the west and the east, could jeopardize an early move to European economic and monetary union. David Shirreff reports.
  • A special report by ING Bank Eurasia
  • A special report prepared by VUB