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Latest articles from Western Europe

Another success for the corporate healer

June 2, 2004

Intesa managing director and CEO Corrado Passera tells Karina Robinson how he plans to keep the bank on an upward path after turning it around.

Confidence rises

June 2, 2004

A new generation of directors, bankers, economists and politicians are determined that Portugal will be completely transformed, writes Peter Wise in Lisbon.

Results of resilience

June 2, 2004

Portuguese banks have proved themselves buoyant in a challenging economic environment, diversifying and cost-cutting to achieve good results. Peter Wise reports.
Recession? What recession? Despite six successive quarters of economic downturn, Portuguese banks are achieving robust growth. Most of them outshone analysts’ forecasts by a wide margin in 2003 and several recorded their best annual results ever.

Back in balance

June 2, 2004

Millennium BCP is emerging from a spate of troubles that hit its share value hard. Focusing closely on core business has helped the turnaround.

Beyond the border

June 2, 2004

Portuguese banks wanting to expand into foreign markets are still searching for the right locations and client bases for making competitive inroads.

Market monitor

June 2, 2004

Fernando Teixeira dos Santos, chairman of the Portuguese securities market commission, tells Peter Wise what the commission is doing to keep Portugal aligned with best international practices while allowing the market to develop.

America for sale

June 2, 2004

European banks are rushing to buy American banks, but will they make money? Or will it all end in tears, as it did the last time they tried in the 1980s.

The cutting edge of debt tools

May 3, 2004

Agence France Trésor has been a pioneer of European inflation-linked bonds. Natasha de Teran interviews chief executive Bertrand de Mazičres about the development of these debt instruments.

German efficiency deserts banking sector

May 3, 2004

With an already fragmented banking sector and state-owned banks reluctant to change, Germany will remain behind its European peers.

Less ambition, more success

May 3, 2004

Jan Wagner finds that the global banks aiming to expand into Germany should opt for niche markets.

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