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Cover Story

Cover Story : Best Companies

Best Companies Beverages Consumer Products Engineering Information Technology Media Non-Ferrous Metals Oil and Gas Telecom Transport Utilities

Cover Story : Best Banks

Stars of the New Russia Russia Awards Best Banks Best Domestic Bank MDM Bank Best Overseas Bank RZB/Raiffeisenbank Best Investment Bank value Best Commercial Bank Vneshtorgbank (VTB) Best Consumer Finance House Russian Standard Best Forex Bank Alfa Bank Best Trade ...

Cover Story : Only For The Brave

The stakes are high, and so are the risks. So why are multinationals still buying into the Russia story? Project financing consists of financing assets on a long-term basis and, as such, is similar to long-term lending. Repayment of the ...

Features

Features : Changing Standards, Changing Markets

Treasury & Cash Management: We brought together some of the industry’s leading players to discuss recent developments in the cash management industry. Global Finance: How will corporate treasuries interact with banks in the future? How will this be affected by ...

Features : Country Report: Cyprus

Country Report: Building Bridges As its economy continues to grow, Cyprus is hoping to take advantage of its strategic position between Europe and the burgeoning markets of the Middle East and Africa. The year 2004 was one of mixed emotions ...

Features : Financial Software: Compliance

Software Offers Compliance Solutions Companies are finding that software can help them rein in the high costs and disruption caused by complying with new regulations. The government’s main instrument to promote corporate responsibility and prevent future Enron debacles, the Sarbanes-Oxley ...

Features : Regional Report: Central and Eastern Europe

Entry Strategy Prospective future entrants to the EU have been watching with interest the progress of the 10 countries that joined the union a year ago. A year has passed since the European Union’s enlargement of May 2004 when 10 ...

Features : The World’s Best Emerging Market Banks, 2005

In the 12th annual Global Finance survey of the world’s best emerging market banks, we honor those banks that consistently provide excellent service and security in often-tumultuous markets. In the dynamic world of emerging market banking, the past year has ...

Emerging Markets Roundup

Features : Changing Standards, Changing Markets

Treasury & Cash Management: We brought together some of the industry’s leading players to discuss recent developments in the cash management industry. Global Finance: How will corporate treasuries interact with banks in the future? How will this be affected by ...

Emerging Markets : Asia To Keep New-Issue Pipeline Flowing

DR NEWS Patrick Colle Companies from South Korea, India, China and Taiwan will make Asia the main source of capital raising using depositary receipts in 2005, says Patrick Colle, global head of ADRs at JPMorgan. Asian issuers will account for ...

Emerging Markets : Aviation Sector Takes Off

India Indian Airlines: Ready for takeoff India’s reforms continue apace with the government’s decision to privatize aviation fuel supply to airports, ending a monopoly by state-owned refiners. The government will buy all the fuel dumps and hydrants from the state-owned ...

Emerging Markets : Banks Struggle But Stock Market Receives A Boost

China Detained: China Construction Bank’s Zhang Enzhao In April anti-Japanese protests in Beijing, Shanghai and Guangzhou further strained the perennially tense China-Japan relationship after Japan approved textbooks that critics claim play down Japan’s wartime brutality. Tensions further intensified when the ...

Emerging Markets : Lula Struggles To Balance Promises With Stability

Brazil Brazilian finance minister Antonio Palocci President Luis Inacio Lula da Silva’s approval rating has dropped by six points since February of this year. Conducted by the Sensus polling firm and released by the National Transport Confederation late last month, ...

Emerging Markets : Putin Tries For A New, Kinder Image

Russia Survivor: Russia’s privatization supremo, Anatoly Chubais In late March President Vladimir Putin extended an olive branch to the country’s oligarchs by proposing legal reforms that would in effect put shady privatizations of the 1990s beyond the reach of the ...

Emerging Markets : Risk Appetite In Euphoria Zone

NEWS Jonathan Wilmot Global economic growth typically decelerates at this point in the production cycle, but there is no evidence of a slowdown to date, says Jonathan Wilmot, chief global strategist at Credit Suisse First Boston. Meanwhile, CSFB’s index of ...

The World's Best Emerging Market Banks

Features : The World’s Best Emerging Market Banks, 2005

In the 12th annual Global Finance survey of the world’s best emerging market banks, we honor those banks that consistently provide excellent service and security in often-tumultuous markets. In the dynamic world of emerging market banking, the past year has ...

Milestones

Milestones : Lehman Beefs Up Presence In Hedge Fund Industry

Unitd States Richard Fuld, Lehman’s CEO Why are investment banks buying into hedge funds? To paraphrase bank robber Willie Sutton, “Because that’s where the money is”. Lehman Brothers last month paid an undisclosed sum for a 20% stake in Ospraie, ...

Milestones : Russian And Kazakh Companies Heed London’s Call

CIS London-bound: The city’s appeal is growing Russian and other CIS-based companies overwhelmingly select the London Stock Exchange as the favorite foreign destination for raising equity capital, according to a study by Ernst & Young. The LSE and its growth ...

Corporate Finance

Corporate Finance : Private Equity Firms Working Together

Mergers & Acquisitions A listing of the members of the investor group that agreed to acquire SunGard Data Systems in an $11 billion leveraged buyout in late March reads like a Who’s Who of private equity. Silver Lake Partners, a ...

Newsmakers

Newsmakers : Company To Watch: CVRD/Brazil

Miner on the Move John Snow: Laying down the law Soaring minerals prices helped boost revenues at Companhia Vale do Rio Doce, or CVRD, by 53%, to $8.5 billion in 2004. Rio de Janeiro-based CVRD, the world’s biggest producer of ...

Newsmakers : Government To Securitize Uncollected Tax Debt

Belgium Didier Reynders: Aiming to trim deficit Belgium has discovered a new asset class for securitization: the government’s uncollected tax debt. Finance minister Didier Reynders says it is feasible for Belgium to offer the country’s difficult-to-collect tax receivables as an ...