Leumi Bank now leads Israel’s booming banking sector, despite the government’s protracted struggle to sell its controlling stake. David Lipkin reports from Tel Aviv.
Latest articles from Analysis & Opinion
New rules to prevent another subprime crisis
January 2, 2008Jane Monahan talks to Barney Frank, chairman of the US Financial Services Committee, about its plans.
Bolivia’s private banks face a public challenge
January 2, 2008Bolivia’s finance minister Luis Alberto Arce outlines a programme of state loans to small enterprises and attacks the country’s domestic banks for acting like a syndicate, stifling competition.
A quiet revolution
January 2, 2008The three-way acquisition of ABN AMRO by RBS, Santander and Fortis proved a remarkable collaborative effort, as Fortis CEO Jean-Paul Votron tells Geraldine Lambe.
Upbeat outlook
January 2, 2008After Barclays failed to gain control of ABN AMRO, president Bob Diamond focuses on the positive elements of the bank’s position. Interview by Brian Caplen.
Clear view curtails crisis fallout
January 2, 2008Credit Suisse fared well during the subprime crisis. Brian Caplen asks CEO Brady Dougan what underlies the bank’s new stability and what it is planning for the year ahead.
Timely wisdom from an enduring master
January 2, 2008Bill Rhodes, chairman of Citibank and winner of The Banker’s Lifetime Achievement Award talks to Stephen Timewell about his 50-year career, offering insights on the Latin American debt crises of the 1980s through the end of communism and expansion eastwards, to the present day rise of protectionism.
Germany’s Britain-baiting Anglophile
January 2, 2008Peer Steinbrück, Germany’s finance minister, defends his country’s positions – and cannot resist a dig at the UK leadership. Interview by Karina Robinson.
Is SWF investment a sign of global structural change?
January 2, 2008Emerging markets used to suffer from Western crises. Now they help to solve them by pouring capital into the system.
Central banks’ action is welcome but long-term rethink is needed
January 2, 2008The unprecedented action by five central banks in response to the credit crunch is only a short-term solution to the problem.