The only substantial challenge is from AXA of France. As borders are no barrier to expansion, bigger is not just better, it's essential. Banks face turbulent times A year of upheaval has affected banks in Thailand, Korea and Mexico, leaving China top. The IBCA ranking of the top 200 emerging market banks covers 30 countries and every continent. Success is not guaranteed and the cost is high.
Diversification is the key in the run-up to the euro, and issuers want a broader investor base.
Antony Currie Emerging markets derivatives The central European option Austria's futures and options exchange has raced ahead of the field in east European equity derivatives. Poland is the latest addition, and Russia may be next. The volatile Asian equity derivatives market is not for the faint-hearted. And now Hong Kong is about to join in the fun. Andy Webb Latins learn virtue of credit swaps Credit derivatives are more talked about than transacted.