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The sharp horns of a dilemma

May 2, 2000

Kalo Rao in Mumbai reports on the latest and most difficult phase of banking reform facing the Indian government.

US Banks: Bumper Year But …

March 2, 2000

Last year was a bumper one for the US banks. From the local and regional retail outfits to the international money centre groups, to the specialised investment banking and fee-earning businesses, circumstances conspired in their favour.

Better late than never

December 1, 1999

If Spain has waited 140 years to launch its first jumbo mortgage-backed bond it is not the fault of any mañana system. The cédula hipotecaria (CH) was introduced in the market in 1861 but, until this year, it remained an instrument exclusively for retail investors.

Size isn't everything (but it helps)

November 1, 1999

The recent wave of banking mergers will create some of the largest banks in the world. They also reveal a determination to compete at a world-class level.

US banks are enjoying the calm

October 1, 1999

The US banks are enjoying a period of calm and they are hoping it will last.

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