Euromoney followed investment scout Richard Tsiang on a journey into the interior, looking for bargains. As inflation and frayed nerves erode the western position, a split within Deutsche Bank finally destroys its role as chief negotiator. Jack Dyson Euro bonds Let a thousand yield curves bloom No single euro yield curve has emerged and borrowers show strange loyalty to their various national benchmarks. The drive for liquid, electronic, trading of cash, repos, swaps and futures continues. A fierce debate rages about the economic and social value of selling off state assets.
Most studies say no.
They cut a deal, behind other members' backs, which gives the bank IMF-like powers and a new source of concessional lending. Brian Caplen Latin America Andean banks tough it out The Andean region is suffering the effects of the meltdown in Russia and Brazil. Can its banks cope with this harsher environment. It's all up to Brazil. The biggest country in Latin America must fight off recession and clean up its act if the continent is to thrive.