High profile players, past and present, such as Al Gore, Sinan Al-Shabibi, Stan ONeal, John Mack, Ken Lewis, Daniel Bouton, Baudouin Prot, Prince Alwaleed bin Talal, Gordon Brown, Marcel Ospel and Lloyd Blankfein speak with Euromoney.
May 2012
Poland's debt-management official waxes lyrical in an interview with Euromoney about how the country is riding out the eurozone storm, and the sovereign's debt issuance plans
May 2012
Saudi Arabia’s new economy minister, the former central bank governor Mohammed Al Jasser, says rapid change is under way in his country. But is the reformist energy sparked by the Arab Spring already flagging?
May 2012
In an exclusive interview with Euromoney, a member of the Bundesbank executive board says shadow banking is the greatest concern to regulators, who still do not fully understand its impact on the financial system
May 2012
April 2012
Economy and planning minister Muhammad Al Jasser, in a rare and wide-ranging interview with Euromoney, seeks to allay rising fears over the Saudi Arabian economy’s fiscal dependence on oil revenues while detailing his priorities for reform
April 2012
QNB became the Middle East’s biggest bank last year and is now stepping up acquisitions abroad. Can it follow Qatar’s corporate champions and transform into an emerging market-focused bank worthy of the state’s newfound financial power?
April 2012
The agency has hit the headlines with its aggressive ratings actions against western sovereign credits. But those decisions, like the man behind the agency, do not hold up against the simplest scrutiny.
April 2012
Cleantech offers limited scope for investors; Resource-efficient conventional companies top performers
March 2012
In his first interview as new CFO of Embraer, Paulo Penido Marques says the company is well placed to diversify and grow with its current balance sheet – but he is tempted by the rates on offer in the international debt capital market to pre-fund some 2012 capex.
March 2012
A dynamic economy is transforming the country. The central bank governor predicts good times ahead for a nation rich in resources and competitive in manufacturing.
March 2012
Hakan Binbasgil, chief executive of Akbank, had a busy start to his new job. “I have met 15,000 Akbankers since I began in this role,” he says. “It was a priority for me to meet everyone in the organization. To meet our ambitions we need the contribution of everyone at the bank.”
March 2012
BTMU expands FX business outside Japan; Strong yen boosts Japanese M&A flow
January 2012
Mary MacLeod jumped companies and cultures to join ICBC International as deputy CEO – and became the most powerful foreign banker in China, with an eye on global dominance. The pressure is on, but MacLeod isn’t showing it... yet.
January 2012
In a society obsessed with maximizing profit, Muhammad Yunus, Nobel Peace Prize winner and pioneer of microfinance through Grameen Bank in Bangladesh, has a new goal: to get business and finance to take off its ‘profit-maximizing glasses’ and think about its role in society instead
December 2011
IMF senior economist Manmohan Singh says the shadow-banking system is a necessary part of the monetary universe, and therefore something that regulators and policymakers must thoroughly understand if they are to have any success in improving economic performance.
November 2011
The European Central Bank would fail European Banking Authority stress tests, but this is not the issue the European markets should be worried about, says Willem Buiter, one of the world’s most distinguished macroeconomists
October 2011
Having secured permanent capital just before the big equity market sell-off, Glencore now has the financial strength to boost production and acquire cheap mining assets. In the long run, shareholders should reap the benefits. For now, they’re still licking their wounds after the Swiss firm’s record-breaking IPO. Peter Lee tells the inside story of the deal of the year.
September 2011
September 2011
Australia has struck it rich, and lucky, as it has used its natural resources to benefit from the China spending boom. But the careful stewardship of its treasurer, Wayne Swan, has played a key role in making it the best-performing economy among the world’s richer, developed nations. Not that he is likely to get much credit at home, as Eric Ellis reports.
August 2011
Henderson Global Investors' CIO, David Jacob, talks to Euromoney about policymakers creating rather than stemming market volatility, investor safe havens and how the US downgrade has affected the dollar’s future as a reserve currency
August 2011
Bank of Israel governor Stanley Fischer’s bid to be managing director of the IMF might have been successful, had the position been awarded on merit alone. Euromoney spoke to Fischer the day after the IMF announced it had selected Christine Lagarde.
July 2011
AIA CEO Mark Tucker outlines plans for AIA to catch up in bancassurance and expounds his views on the key China market and the competition in Asia
July 2011
AIA CEO Mark Tucker talks about spending AIA’s $5 billion cash pile, the potential for acquisitions and the key business drivers in the toughest Asian markets.
July 2011
The rise of Itaú, led by its chief executive, Roberto Setúbal, is one of the success stories of a generation in banking. Consistency and a canny approach to acquisitions have been the key to Setúbal’s achievements. And that is not going to change even as Itaú Unibanco cements its place as one of the world’s largest banks. Rob Dwyer reports from São Paulo.
July 2011
For almost 10 years Josef Ackermann has regularly proved his critics wrong. His latest retort has been to rebalance Deutsche Bank's business mix and maintain returns within a much-changed investment bank. But can he meet the aggressive new targets he has set?
July 2011
In his career, he has helped Egypt through a time of crisis and made Ahli United Bank a regional powerhouse.
May 2011
After a few difficult years, culminating in the resignation of its long-serving chief executive, Italy’s biggest lender is hoping for a fresh start. But plenty of hurdles still need to be overcome if it is ever to reassume its position as one of Europe’s leading banks. Sudip Roy talks to UniCredit’s new management about its recovery plans.
February 2011
North Korea. Zimbabwe. Tunisia. Algeria. Iraq. Pakistan. Egypt. It’s a list of the world’s flashpoints. And they’re all part of Egyptian entrepreneur Naguib Sawiris’s unique telecoms empire. So when his Orascom group needed financing, and then sought a buyer, it presented Sawiris’s advisers with a unique set of challenges. Eric Ellis tells the fascinating story of corporate finance in the new world order.
January 2011
In his final interview as chief executive of HSBC, the bank he served for almost 40 years, Mike Geoghegan answers the questions that matter. Did he jump or was he pushed? Should HSBC remain supervised and headquartered in the UK? What happened to the Nedbank takeover? Will the bank list in Shanghai? And he reflects on a stellar career that mirrored the globalization of banking, and in which he was forced to deal with many financial crises.
September 2010
Gary Gensler and the agency he runs, the Commodity Futures Trading Commission (CFTC), is set to become one of the most powerful financial markets regulators in the world. Hear Gensler in his own words on how he is shaping the future of the banking industry, and responding to criticisms of his approach. Watch his interview with Euromoney's markets editor Hamish Risk and decide for yourself:
Is Gensler the most dangerous man in finance?
September 2010
Gary Gensler is on a mission to make the CFTC the world’s most influential financial markets regulator. He wields an unprecedented mandate to interpret the statute book and thereby shape the future of banking. But his former colleagues in the banking industry claim his quest for power is based on personal ambition, causing him to ride roughshod over their reasonable opinions and creating a template that will bring unnecessary hardship to the financial industry and the broader economy. Hamish Risk interviewed the man many bankers call the “most dangerous man in finance”.
August 2010
Finance minister Korn Chatikavanij has steered the Thai economy successfully through huge political and social upheaval. But his long-term aim is to connect with Thailand’s people, and not just its financial and business elite, to bring prosperity to the majority. Eric Ellis shadowed Korn as he travelled beyond Bangkok, examining the extent of the grassroots challenges Korn faces to effect meaningful change in a country ill-served by previous incumbents.
July 2010
Pandit knocks Citi into shape
July 2010
May 2010
Out of adversity comes opportunity. So thinks Brian Moynihan, Bank of America’s new chief executive. He says that the much-derided Merrill Lynch takeover will seal the firm’s ambition to become the ultimate universal bank. No one doubts the size of the platform. But can Moynihan succeed where Citigroup failed and show that biggest really can be best? Helen Avery and Peter Lee report.
March 2010
When Argentine president Cristina
Kirchner tried to grab $6.6 billion
of reserves from the country’s
central bank, its governor Martin
Redrado refused to play ball. A
stand-off ensued that threatened
a full-scale constitutional crisis.
This exclusive account reveals the
political tensions and the dirty tricks
as Redrado struggled to maintain the
independence of the central bank,
eventually at the cost of his own job.
February 2010
Legendary troubleshooter Oswald Grübel has had a tough first year at UBS, trying to mend the bank’s tattered reputation and staunch the outpouring of client money. But his biggest challenge may be convincing the markets that his methods are working.
December 2009
Assailed on all sides for preparing to pay huge bonuses from a financial market kept alive by systemic government support, Lloyd Blankfein is having to fight Goldman’s corner almost as fiercely as when the crisis was at its worst. He tells Peter Lee that it is not business as usual.
December 2009
While most have spent the past two years hunkering down, Standard Chartered has used the financial crisis as an opportunity to grow its wholesale business. Sudip Roy asks CEO Peter Sands if this signifies a change in the bank’s culture.
December 2009
From the ruins of a failed, large investment bank, Vikram Pandit and John Havens are trying to build the foundations of a much better, smaller one. It’s still global in ambition but designed to deal with fewer clients, commit its capital much more thoughtfully and this time in the right businesses. Sceptics either say they’ve heard it all before or question why it took the bank’s leaders so long to reach the obvious conclusion. But the early signs are that it’s working rather well. Peter Lee reports.
November 2009
Lloyd Blankfein reveals it's not business as usual at Goldman Sachs. Find out why.
November 2009
The Middle East’s best-known international investor says his faith in capitalism remains unshaken. Only time will tell if and to what extent his belief in Citi, so severely tested over the past year, will endure. Taimur Ahmad interviewed him in Riyadh.
November 2009
Prince Alwaleed bin Talal gives has forthright views on global regulation, and the prospects for local and regional capital markets in the Middle East. He explains the role that Kingdom Holding can play in promoting Saudi Arabia’s standing in the international financial community.
October 2009
Morgan Stanley’s incoming CEO explains strategy; Mack and Chammah take new responsibilities
October 2009
Bank of England deputy governor Paul Tucker understands bankers’ fear of excessive regulation, but he’s not easing up. He insists banks should improve the quality of their capital and sees no role for subordinated debt. He wants strong banks to blow the whistle on the weak and to know that, in future, the shareholders of survivors will pick up the tab for bailing out the system. Peter Lee reports.
October 2009
A year after acquiring Lehman Brothers’ Asian and European businesses, Nomura says it is halfway to building a global investment bank. Few people outside the firm think it will succeed. To some, it is already the ‘other Lehman takeover’. But Nomura’s leaders are determined to win the battle. Lawrence White and Helen Avery report.
September 2009
Bank of England deputy governor Paul Tucker understands bankers’ fear of excessive regulation, but he’s not easing up. He insists banks should improve the quality of their capital and sees no role for subordinated debt. He wants strong banks to blow the whistle on the weak and to know that, in future, the shareholders of survivors will pick up the tab for bailing out the system. Peter Lee reports.
July 2009
In a speech at the Euromoney Awards for Excellence dinner in London July 8th, Deutsche Bank’s chief executive Josef Ackermann called on the industry to engage with governments and regulators to help inform inevitable changes in the global banking industry, to help preserve the vital role that banks play in promoting global wealth and enhancing global trade.
July 2009
Brady Dougan and Paul Calello stripped down Credit Suisse’s investment banking vehicle as the credit crisis hit. Now they’re showing off a streamlined, non-polluting, yet powerful firm that even their competitors admire. Is Credit Suisse the model of a new investment bank? Clive Horwood reports.
July 2009
Of the few global banks to have survived without state assistance, HSBC is the best positioned in the most attractive emerging economies. Its global banking and markets business is thriving. Its rights issue confirmed it as a better credit than many governments, and deposits have flooded in. Regulators will force other banks to copy it. Best of all, it has admitted its mistakes. Peter Lee reports.
June 2009
The leaders of nine of the world’s pre-eminent financial institutions discuss the challenges facing the global banking industry: restoring trust among policymakers and stakeholders; avoiding regulation that will hurt economies as well as banks; bringing compensation back into line; and making money in a radically changed world.
June 2009
It has already won a reputation as one of the world’s leading hedge funds. Now Citadel has its sights set on investment banking. Chief executive Ken Griffin sees a sweet spot where many firms have left the stage. He normally succeeds in his goals. Chief executive Ken Griffin believes his newly expanded business will be a force to reckon with on Wall Street, says Helen Avery.
June 2009
Larry Fink wants BlackRock to be one of the key names in finance for the future. Consolidation of investment managers – possibly including BGI – may achieve that goal. But his firm’s influence on the present is already great, as adviser of choice to banks and governments alike on problem assets totalling $7 trillion. Peter Lee reports.
May 2009
Foreign exchange, money markets and rates have returned Deutsche Bank to profitability. Anshu Jain, the firm’s global head of markets, says it’s all down to applying smart solutions to relatively simple products. But don’t be fooled into thinking he’s given up on more complex business. Clive Horwood reports.
May 2009
"We can have all the rhetoric we like, but at the end of the day we have to go out there and do the business."
March 2009
Sudip Roy, deputy editor of Euromoney, discusses pressing issues within Islamic finance with some of the markets key players.
February 2009
Euromoney was the last publication to carry an in-depth interview with Marcel Rohner before he resigned as CEO of UBS at the end of February. In the interview he details the challenges that will now face his successor, Ossie Grübel.
February 2009
UBS’s chief executive was the first global bank head to tackle the impact of the credit crunch. His actions may have saved the bank. Much remains to be done. The future of the firm’s investment bank is in doubt. And so will Rohner’s own position be, if he doesn’t quickly return the bank to profit and shut the door on outflows in its wealth management franchise. Clive Horwood reports
January 2009
The European Central Bank’s president knows that confidence must be restored before markets begin to function normally again. But he believes that the concerted action of central banks and governments means financial institutions should now be preparing to restore normal lending and borrowing relationships.
October 2008
Martín Redrado, president of the Central Bank of Argentina, tells Sudip Roy why the banker should get through the global crisis intact.
October 2008
Mian Mansha is the richest man in Pakistan and owns one of the best banks in Asia. However, his ambitions reach much further. In his first ever foreign media interview, Mansha discusses his plans to expand his empire geographically, and to create a new holding company and list his various interests on the LSE.
September 2008
Today, Japan’s Mitsubishi UFJ group announced its intention to acquire a stake of up to 20% in Morgan Stanley. In an interview for Euromoney’s September edition, MUFJ’s chief executive Nobuo Kuroyanagi spoke about the bank’s intention to take advantage of opportunities presented by the global credit crunch. We publish exclusive excerpts here.
August 2008
Alliance & Leicester is the latest rabbit that Emilio Botín has pulled out of his hat as Santander continues its inexorable rise. Botín has now cemented his reputation for being a dealmaker as well as one of the most talented retail bankers in history. What else does he have up his sleeve? Clive Horwood reports.
September 2007
Al Gore, the former vice-president of the US, is the most high-profile figure in the fight to force action to combat global warming. He explains why a new approach to investment is needed, adopts an unusual position in the carbon tax versus cap-and-trade debate, and says banks are generally ahead of the game – but still have a lot more to do.
September 2007
Sinan Al-Shabibi, governor of the Central Bank of Iraq, speaks to Sudip Roy about the bank’s efforts to control inflation, curb exchange rate instability and cope with the difficult security situation.
September 2007
In an interview with Euromoney Zhou Xiaochuan, governor of the People’s Bank of China, reiterates that China will not be bullied into changing its exchange rate policy, admits that the central bank is watching closely for signs that the economy is overheating, and says that the People’s Republic is keeping its dollar exposure in line with the market average.
August 2007
When Stan O’Neal spoke at the Euromoney Forum in London in late June, concerns about the fallout from the sub-prime correction were at their height. In a wide-ranging interview with Euromoney’s editor, Clive Horwood, Merrill Lynch’s chairman and chief executive discussed the market’s reaction to sub-prime, and whether or not the contagion would spread.
July 2007
John Mack has the job he always wanted. One of Wall Street’s leading firms has the leader it desperately needed. Morgan Stanley is now the investment bank with momentum. Mack and his senior management tell Clive Horwood how they revived the firm’s fortunes.
July 2007
In the July 2007 edition of Euromoney, Bank of America CEO Ken Lewis gave a rare in-depth interview.
Lewis said: "We are not believers in the build it and they will come mantra. We need to look our shareholders in the eye". "In time, we want to be one of the top five investment banks in the world". More than 18 months ago Euromoney said: "Bank of America is at a tipping point. Ken Lewis is about to face his biggest challenge yet." Little did we know how great the challenge would be. Re-read the story here
June 2007
May 2007
When Herbert Stepic bought his first bank in central Europe in 1987, hardly anyone noticed. Now competitors closely follow his every move. On the following pages, he tells Sudip Roy how Raiffeisen’s strategy has developed over the past 20 years and how he intends to stay ahead of the game.
April 2007
Eisuke Sakakibara is known as Mr Yen for the influence of his pronouncements on Japan’s currency and was Japan’s vice-minister for finance for international affairs from 1997 to 1999. An internationalist famed for making key policy speeches in English, he argues in this interview with Tetsuya Shibata that Japanese companies must become more outward-looking to prosper.
January 2007
Proponents of the merger between the New York Stock Exchange and Euronext believe it will enhance Paris’s position as a financial centre as the $14 billion deal promises to maintain independence. One cheerleader has been Daniel Bouton, chairman and CEO of Société Générale. At the Euromoney Paris Forum, held at the close of 2006, he was interviewed by Mark Johnson, Euromoney’s editor of conferences.
December 2006
Chris Garnett interviewed Baudouin Prot, chief executive of BNP Paribas at the recent Euromoney Paris Forum.
December 2006
Mark Johnson interviewed to Daniel Bouton, chairman and chief executive of Societe General at the recent Euromoney Paris Forum.
November 2006
One of the surprise consequences of the merger between Intesa and Sanpaolo IMI was that it resulted in yet another foreign bank carving out a strong presence in the Italian market. In exchange for its support for the merger with Sanpaolo, Intesa ceded to French bank Crédit Agricole, a long-time partner and investor, control of two regional banks and some 200 Intesa branches. But there are still questions about the future of the former partners’ asset management joint venture and some analysts question the generosity of the divorce settlement. Georges Pauget, CEO of Crédit Agricole, speaks to Peter Koh.
November 2006
The liberalization of Pakistan’s financial sector has generated unprecedented growth in the number and size of the country’s banks. Pakistan’s central bank governor, Shamshad Akhtar, discusses the challenges posed by the dramatic growth in the financial industry.
September 2006
Árni Mathiesen, Iceland’s finance minister, speaks to Laurence Neville about this year’s economic troubles and the economy’s prospects.
September 2006
ING Direct has built a top-10 retail bank position in eight of the nine markets it operates in. It is is without doubt the most successful internet bank in the world. In fact it is arguably one of the most successful banks of any kind given the rapid and substantial inroads it has made in mature markets.
July 2006
Daniel Bouton, chairman and CEO of Société Générale, discusses in detail his bank’s culture and strategy with Euromoney’s editor, Clive Horwood.
July 2006
What lessons did Stan O’Neal learn from the restructuring of Merrill Lynch at the turn of the decade? What are Merrill’s plans in mortgages, private equity and asset management? And what continues to drive Merrill’s CEO forward? O’Neal reveals all to Clive Horwood in his first in-depth interview since becoming the firm’s chairman and CEO.
July 2006
Argentina’s central bank president reckons that it will take at least another two or three years before his country’s economic variables normalize. Martin Redrado says that although Argentina has made progress since the 2001/02 financial crisis, more patience is needed before it can achieve sustainable growth.
April 2006
Billionaire prince intends listing, scheduled for Q4 2006, to change the rules for foreign investment in the Saudi stock market. Peter Lee reports from Riyadh.
April 2006
Domestic criticisms of Deutsche Bank’s international focus have not passed it by, prompting plans to develop its business at home. But as Jürgen Fitschen, who leads the initiative, tells Philip Moore, his bank does not intend to imitate rivals’ indiscriminate wooing of medium-size companies.
March 2006
In December 2001, the government defaulted on $81.8 billion of debt repayments and broke the peso’s link with the dollar. When Nielsen was appointed in May 2002, the country was in the midst of one of the worst financial, social and political crises to hit any country since the Great Depression. His job, together with that of his economy minister, Roberto Lavagna, was to help restore stability and turn around Argentina’s financial fortunes.
March 2006
Thai capital markets are set for a bull run. SCB's president, Khunying Jada Watthanasiritham, expains how her bank, and other local firms, can profit despite growing interest from international banks.
February 2006
Citigroup wants to pioneer a new type of private banking for active wealth creators. Helen Avery speaks to the man who aims to drive the firm forward.
November 2005
The Inter-American Development Bank’s new president, Luis Alberto Moreno, speaks to Sudip Roy about his plans to make the bank’s policies more relevant to the private sector in a region that is attracting growing investment inflows.
September 2005
Wachovia's Ken Thompson wants his firm to be the best financial institution in the US. His ambitions extend to investment banking. As Wachovia makes its move on Wall Street, Kathryn Tully spoke to Thompson and the rest of his management team. Should the traditional bulge bracket be concerned?
September 2005
The woman who has run the central bank since 2000 has overseen reform of the exchange rate, the capital markets and the banking industry. With her encouragement the country has also become a hub for Islamic finance.
September 2005
In 2002 the Dubai authorities announced the appointment of a distinguished chairman to its financial regulator that would give credibility to the country's attempts to establish itself as the leading Arab financial centre. Just two years later he was fired. Now, for the first time, Ian Hay Davison gives a first-hand account of the events that led to his dismissal. In the following linked article, the current chief executive of the DFSA gives his response
July 2005
John Costas speaks to Euromoney about the achievements of UBS's investment bank during his tenure as chief executive and the legacy he leaves to his successor.
July 2005
With a long history in the region, the most extensive network of any bank and a full suite of financial products, Citigroup is the biggest force in Asian banking. Yet it is still facing challenges. Chris Leahy spoke to Robert Morse, chief executive officer, corporate & investment banking, Citigroup Asia Pacific, about the bank's performance in Asia
May 2005
As investment banks try to cut the cost of research for clients, outsourcing is taking on an ever-increasing and ever more important role in keeping costs under control. For the providers of these services, such as Copal Partners, the key is to move on from simply crunching the numbers to providing in-depth research for their clients on debt, equity and corporate finance.
September 2004
Anvar Saidenov, the new governor of the National Bank of Kazakhstan, speaks to Euromoney's Nick Kochan about efforts to diversify the economy, control the inflationary effects of foreign currency inflows and develop more active financial markets.
September 2004
Last year, at the IMF meetings in Dubai, the Iraqi delegation was led by Adil Abdul Mahdi. At the time, he was already a leader of the Supreme Council for the Islamic Revolution in Iraq, the leading Shiite party in the country.
Today, Mahdi is minister of finance in Iraq's interim government, charged with restructuring the country's debts before the end of the year. Here, he speaks to Euromoney in his first detailed comments on the subject since he took office.
September 2004
Hossein Abdoh Tabrizi obtained a doctorate in finance from the Manchester Business School in 1977. He has been secretary-general of the Tehran Stock Exchange since May 2003 and is also a member of the exchange's high council. He speaks to Euromoney's Kate Luxford.
May 2004
Philippe Maystadt, president and chairman of the board of directors of the European Investment Bank, speaks to Euromoney's Mark Brown about the bank's lending policies, criticisms from the European Parliament and the bank's response to EU enlargement.
April 2004
Anatoliy Shapovalov, deputy minister of finance of Ukraine and head of sovereign borrowing
December 2003
One of the main drivers of economic growth in eastern
Europe has been the accession of its states to Nato. Julian Evans
meets Bruce Jackson, the former investment banker who made it
happen.
June 2003
Euromoney's Chris Cockerill speaks to Suchart Jaovisidha, Thailand's new finance minister, about non-performing loans, competition from China, the impact of Sars on tourism earnings and the plan for a pan-Asian investment fund, the Asia Bond Fund
May 2003
The president of the Philippines, Gloria Macapagal Arroyo, speaks to Euromoney's Asia editor Chris Cockerill about the state of the economy, the battle against corruption and the future of the country after her term of office finishes.
April 2003
Société Générale chairman Daniel Bouton speaks to Euromoney’s Jennifer Morris about his bank’s performance, strategy and prospects
November 2001
Paul Martin, chairman of the G-20, speaks on the dangers of hosting global economic summits in light of the new wave of terrorism. He also talks about the upcoming conference in Ottawa, trade finance, and the economic side of the war on terrorism.
November 2000
Daniel Vasella has had a tough time as chief executive of life sciences company Novartis, with a collapse in its agribusiness, management turmoil in pharmaceuticals and weak performance in the US. But he's restructured the company and now hopes new drugs can deliver growth.
November 1999
They may be a decade late, but Japan's banks are
finally restructuring. The headline deals will create the world's two largest banks. An exclusive interview with Masao Nishimura, president of IBJ and a prime mover in the recent combination of IBJ with Fuji Bank and DKB, gives an insight into the thinking of Japan's financial elite. But, as Simon Brady reports, bad debts, low profitability and economic malaise will prevent even these new giants from becoming world leaders.
September 1999
Rolf Breuer, speaker of Deutsche Bank, defends the
purchase of Bankers Trust
July 1999
He has been the prince regent of international finance, the central banker in waiting. But Rafael Buenaventura has finally taken on the mantle of Philippines central bank governor more than a year after his old school mate, President Estrada, let it be known that Buenaventura would be the man.
July 1999
Alexander Nelson Hood, 4th Viscount Bridport.
May 1999
Gordon Brown, UK chancellor of the exchequer, speaks to Nick Kochan about the birth of the euro, tax competition in Europe and rethinking the world's financial architecture.
May 1999
In the 1980s, John Gutfreund was the "King of Wall Street". The soberly dressed former municipal bond trader would arrive at work each morning with a reputed readiness to "bite the ass off a bear".
April 1998
How did Asia's foremost investment bank come to grief? Andre Lee - seen by many as the villain of the piece - speaks out for the first time. He tells Peter Lee about the internal tensions at Peregrine, the role of his fixed-income business, the firm's culture of credit management and the source of the rumours that broke the bank
February 1998
You could never get them together in one room at the same time. But, using the wonders of technology, Euromoney did the next best thing. We collected the views of seven top European bank chairmen and CEOs on the challenges facing the banking industry, and synthesized them into a virtual roundtable. Garry Evans moderated the discussion.
October 1997
ABN Amro is not one house but many. Its interests across the globe include auto leases in Brazil and Japan's biggest foreign bank. But it has achieved this position in seven years without making either headline-grabbing mergers or hiring high-flyers. Instead, its universal banking business is a patchwork of different names. Through all the expansion, the bank's culture remains distinctly Dutch and every decision is pondered by its eight-man executive board. Chairman Jan Kalff is the man who holds it all together.
April 1997
Over the past three months Euromoney editor Garry Evans interviewed Ospel for a total of five hours, twice in Ospel's office in Basel and once last month, the day after the bank announced its 1996 results, by video link-up between London and Basel. The full 15,000-word text follows.
January 1997
Diethart Breipohl is a modest man. But as finance director of the Allianz insurance group he presides over Dm320 billion of investments, probably the biggest portfolio in Europe. That includes significant stakes in Germany's blue-chip firms, suggesting to some that Allianz is "the spider in the web" of corporate Germany.
September 1996
Edson Mitchell's bold attempt to turn Deutsche Morgan Grenfell (DMG) into a world-beating bond house has made headlines in the past year. He has employed about 500 new staff including many from his old firm, Merrill Lynch in little more than 12 months. But until now Mitchell has shied away from talking publicly about his plans. Here, for the first time, he reveals what his aims are and how he's going about achieving them. Mitchell spoke to Garry Evans