The ousted chief of Warsaw Stock Exchange, Ludwik Sobolewski, has come in from the cold in his new role as head of the rival Bucharest bourse and is already making his presence felt.
Central & eastern Europe
Latest articles from Central & eastern Europe
Moscow Exchange reaps harmony dividends
December 2, 2013The merger of the Micex and RTS groups to form the Moscow Exchange has proven harmonious and, so far, successful, with plenty of big names attracted to the bourse. Indeed, as Moscow looks to prove its credentials as an international finance hub, the exchange appears to be setting the standards for the rest of the city's financial institutions to follow.
Houlihan helps buyers navigate Slovenia privatisations
December 2, 2013A Slovenian privatisation process involving 14 different selling entities provided Houlihan Lokey's corporate finance team with a delicate challenge when helping a potential Austrian buyer.
Russia overcomes emerging market jitters
November 1, 2013The Russian sovereign dispensed with a pre-deal roadshow for the first time to speed up the issuance process during heightened market uncertainty and still managed a heavily oversubscribed deal that included a debut euro tranche.
SEPA area migration approaches crunch time
November 1, 2013With the deadline for the Single Euro Payments Area looming, there is much speculation over who is actually ready to migrate, with many small and medium-sized enterprises lagging behind and businesses of all sizes struggling to implement systems for direct debits.
Lithuania looks towards steadier growth
November 1, 2013After a deep recession and housing bust in 2008 and a number of subsequent corporate governance crises, Lithuanian banks are finally returning to a steady footing, helped in no small measure by the presence of risk-averse Scandinavian lenders in the country.
Challenges and opportunities for Russia's evolving central bank
October 1, 2013A new inflation targeting framework, efforts to improve the supply of credit and the implementation of Basel III all pose challenges for the Bank of Russia, as well as opportunities to modernise the country's financial system.
Belarus banks hit more turbulence
October 1, 2013With inflation still high following a financial crisis in 2011, there are growing signs that Belarusian banks may need to brace for a further round of currency depreciation and asset quality deterioration.
Target2-Securities: a hit or miss for Europe?
September 2, 2013European securities will soon be settled on a central IT platform – Target2 Securities (T2S) – as part of the European Central Bank's initiative to harmonise post-trade standards. With the first wave of implementation scheduled for 2015, Duygu Tavan investigates how the T2S project is progressing and its consequences for the securities industry.