Post-communist European countries have made strides in moving to a market-based economy, despite setbacks, but the transition remains patchy across the region.

WAP (Wireless Application Protocol) fever is spreading and for very good reasons, according to WAP technology vendors and bankers alike.

Emilio Botín, co-chairman of Banco Santander Central Hispano explains how mergers can help achieve shareholder value.

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.