Then up popped Rolf Breuer, party pooper in chief, to put the first crack in a fragile marriage. As the French will tell you, the Deutsche B rse has a wandering eye. The institutional investor and the hedge fund manager may talk a different language but they're becoming the best of friends. Mike Steinberger Electronic money E-cash spreads its tentacles Millions of Hong Kongers are embracing electronic cash. An Octopus card pays for train travel without ever leaving your pocket.
Public transport is just the beginning.
The Octopus could soon be squeezing more traditional banks. Steven Irvine Australian issuers Reaching out to Europe Australia is trying hard to shrug off the Asian crisis. The US market is exacting a premium from Aussie borrowers, but they're increasingly welcome in Europe. A cosy m nage trois is developing between investment bankers, corporates and European investors. But to maintain interest, the borrowers need to be creative.