Emerging Markets : Governments transform M&A landscape

EUROPE       The cross-border M&A; activity that has characterized financial services for the past few years has virtually ground to a halt as increasing government involvement radically reshapes the market.   PwC's Nick Page Nick Page, partner, PricewaterhouseCoopers, ...

Features : Survival Instinct

CYPRUS Cyprus’ leaders are tackling head on the challenge of maintaining economic growth during the current global downturn.     Nicosia, Cyprus' capital, is gripping itself for an economic slowdown. Cyprus has experienced more than its fair share of ups ...

Emerging Markets : Roth brings down franc

Jean-Pierre Roth, the low-key chairman of the Swiss National Bank, is not the type of person you would expect to shock the financial world. But that is exactly what he did on March 12 when he confirmed that the bank ...

Features : A Very British Meltdown

A VERY BRITISH MELTDOWN A SYSTEM IN PERIL The swiftness of Britain’s transition from the cutting edge of innovation in banking and finance to representing the epitome of the global crisis has left many heads spinning. But in its dramatic ...

Milestones : Europe’s Ipo Market Slumps

EUROPE     Blowout: EDP Renováveis' stock tumbled more than 20% after its IPO With equity capital markets bankers in the Europe, Middle East and Africa (EMEA) market focused on massive rights issues to recapitalize their peers in recent months, ...

Features : Seeking An Energy Boost

COUNTRY REPORT / PORTUGAL     Increased competition from new entrants to the European Union has dealt a severe blow to Portugal’s economy. Tourism and investment in renewable energy are helping it pick up the slack.   Calm before the ...

Milestones : Banks Struggle To Raise Cash

EUROPE               UBS: Its third cash call, this time to investors, was successful.       Almost a year after the US subprime crisis burst onto the wider global stage, Europe’s banks are paying ...

Features : Raising Sepa’s Horizons

CORPORATE TOOLBOX — SEPA Six months after SEPA’s introduction, banks are still trying to devise ways to encourage the businesses they serve to jump aboard. Additional optional services may provide the answer.   The introduction of the euro in January ...

Features : Country Report: Greece

COUNTRY REPORT / GREECE   Steady domestic economic growth and significant inward investment are helping Greece battle the headwinds of a tough global economy.   Buoyed by several booming industries, economic growth rates above the European Union average, strong investment ...

Newsmakers : Ackermann Proposes Global Overseer

  Germany       Ackermann: Global watchdog could prevent market bubbles Deutsche Bank CEO Josef Ackermann suggests that creating a global financial sector watchdog could prevent an encore of the global market storm unleashed by the US subprime crisis. ...

Newsmakers : Airline Aims To Make Friends In High Places

Germany       Hunt: Legacy airlines lock in customers with "bribery" In a move that is clearly aimed at drumming up corporate business, upstart UK-based business-class-only airline Silverjet has rolled out an innovative loyalty program that takes the benefits ...