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  • South Africa: No time for business as usual
    The abolition of exchange controls and the start of privatization should do wonders for the illiquid Johannesburg Stock Exchange, but fuller representation of black businesses on the equity market is a vital change that's not so easily accomplished. Mark Ashurst reports from Johannesburg.
    March 01, 1996
  • Spain: Currency
    A special report prepared by BBV.
    March 01, 1996
  • Spain: Custody & Settlement
    A special report prepared by Chemical Bank and The Chase Manhattan Bank NA.
    March 01, 1996
  • Switzerland: Custody and settlement
    A special report prepared by Union Bank of Switzerland.
    March 01, 1996
  • Switzerland: Bonds
    A special report prepared by Credit Suisse.
    March 01, 1996
  • MTN's: A vision of the future
    The Euro-MTN market has just passed $500 billion in outstandings. But, despite its obvious importance, few capital markets executives understand fully how the market works - or can see where it is going. With the help of a new Euromoney database, Kieran Clifton explains how EMTNs are poised to take over the international debt market.
    March 01, 1996
  • Spain: Investment funds
    A special report prepared by Chemical Bank and The Chase Manhattan Bank NA Background.
    March 01, 1996
  • Latin America: The joys of a banking crisis
    Latin America's banks are going through a period of turmoil. Mexico's currency crisis and the end of hyper-inflation have badly damaged man of them. But for the best-run banks - and some foreign institutions - the upheaval is also producing some exciting opportunities. David Pilling reports.
    March 01, 1996
  • London Stock Exchange: Who shot Michael Lawrence?
    At a parliamentary inquiry on February 28, Michael Lawrence, former chief executive of the London Stock Exchange, told how the board fired him eight weeks earlier "without warning". Was he so terrible to deal with, or did some board members see him as a threat to their continued enjoyment of privileged advantage? Stephanie Cooke reports.
    March 01, 1996
  • Barclays: Is Martin Taylor's halo slipping?
    With his fluent MBA-speak and breezy openness Martin Taylor, chief executive of Barclays, has charmed shareholders and colleagues alike. But is their rapturous applause of his every move overdone? Is Taylor a genius or just brilliant at public relations? Brian Caplen analyzes the man and his strategy.
    March 01, 1996
  • merrill-brazil 720px
    Brazil: Did Merrill bid too low?
    A bid so finely priced as to put profits in doubt, a smouldering argument over 500 years of iron ore reserves, the lack of a new story to tell investors - these are the problems Merrill Lynch faces after winning the mandate to privatize Companhia Vale de Rio Doce. Competitors that failed to secure the contract say they are sleeping better now it has gone to someone else. Brian Caplen reports.
    February 01, 1996
  • Fees: Gravy train gets bogged down
    Competition is driving down the fees banks charge for running privatization issues. Last year's 3% is heading below 2%. Top firms argue that skimping on fees damages issue quality and, especially, after-sales service. But the same firms are cutting their charges to stay in the game. Peter Lee reports.
    February 01, 1996
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