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  • The memorandum which western commercial bankers have agreed to present to Poland is extraordinary in that it would give the bankers an IMF role in directing the Polish economy.
  • It's the envy of Wall Street, the most profitable and most admired investment bank there is. Yet Goldman Sachs remains a partnership in the corporate 1980s and, in a business famous for in-fighting and rule by the strongest, flourishes under the stable rule of two chairmen
  • When Armin Mattle of UBS made Stanley Ross run for cover, it was a sign of just how unpopular the grey market had become.
  • Jose Rafael Trozzo swayed people in Argentina and around the world until his Banco de Intercambio Regional was shut down – how did he manage it? Steve Downer in Argentina and Nigel Bance and Julia Bright in Europe explain.
  • A meeting was held to discuss was the major financial question to be raised so far by the Iranian crisis: why had the $500 million syndicated loan for the government of Iran been declared in default so quickly?
  • By Nicholas Faith and Alison Macleod
  • At the end of what is probably the most famous trading room in the world sits the world's most famous trader: John Gutfreund, managing partner of Salomon Brothers, a portly, restless figure who, like a vigilant bear, stalks the corridors between the trading desks in the vast trading expanse that is known as the Room. 
  • A 10th anniversary essay by David Rockefeller, chairman, The Chase Manhattan Bank NA.
  • "From my window, I can see much of the wealth of this country," said Merton Dagut, chief economist of Nedbank. Peering out of his office in the 48-floor Carlton Centre in Johannesburg, he was referring to the Witswatersrand, where most of the country's goldmines are situated. In many respects, South Africa is still a developing country.
  • When Bayer's $200 million financing hit the Eurobond market in the second week of January it met a guarded welcome. The scarcity value of German corporate paper combined with the weight of lead manager Deutsche Bank seemed to ensure a smooth path for the issue. But was this the time, given the reluctance of investors, to spring such a deal?
  • Bankruptcy has become a way of life in Zaire. It started to fall behind on servicing its external debt in mid-1975, and its economy has stumbled into deeper and deeper depression.
  • It is the deal of the year, the financing that had everything. This was the second jumbo financing for the Federal Republic of Nigeria. It was also the second within a year. The first jumbo, for $1 billion, was signed in January, having run into major problems over pricing and the information memorandum.