Search results for

HALF A BANZAI FOR WORLD EQUITIES

SCOTLAND MANOEUVRES FOR ACTION

A FRESH BREEZE IN EUROPE'S DEBT MARKETS

WELCOME TO PARIS, IF YOU'RE THERE ALREADY

BURSTING THE BUSINESS TRAVEL BUBBLE

PROJECT FINANCE DEVELOPS NEW RISKS

"I see that the kingdom's financial position is as solid and as promising as ever. It gives no grounds for any concern," proclaimed Mohammed Abalkhail, the Minister of Finance and National Economy of Saudi Arabia.

THE REBIRTH OF CHARLES KNAPP

PARIS BROKERS GIVE UP THEIR QUILL PENS

EATING THE BRITISH LUNCH?

Not many things would have to go wrong before the world economy slid into a 1930s-style recession, with problems in the financial markets adding to the downward economic spiral. We are in uncharted waters.

Innovation is often discussed as variations on the themes of options, insurance and arbitrage, but one shouldn't underestimate the importance of marketing. Among deals selected for Euromoney's annual review of innovations, several are conceived with "capturing the imagination of the market' in mind. Hill-Samuel's step-down floater (see below) is an example of a deal structured to appeal to investors who might otherwise have been unwilling to take 30-year, merchantbank risk. The structure was conceived to encourage investors to focus on the high coupon payments in the early part of the maturity.