...Roger Bootle In recent years investment research has been produced by banks and investment houses which have conflicting interests between clients as investors and clients as investment targets. This creates problems for large institutional investors. They need independence and more focused...

...Graham Allatt The Joint Working Group proposals on fair value disclosure of financial instruments have provoked controversy. Here the author looks at how the proposals would impact on banks’ risk management, lending policies and pricing. In order to demonstrate these unintended and undesirable...

...Richard Anderson Documents a joint venture between PricewaterhouseCoopers and the London School of Economics with regard to changes facing risk management. Chronicles that risk management is in its infancy, but that there are things that can be counted, measured and put away with banks...

...John DeLuca Looks at the problems and fears surrounding banks and financial institutions with regard to the Y2K computer systems date programs. Discusses the possible scenarios for the midnight of 31 December 1999 and that even with all the planning involved, no‐one was sure of the outcomes...

... they have changed under technology’s influence – but that it should be used properly to add value. Wonders whether in the future there will be only one settlement and clearing system for the whole world! Liquidity IT Globalization Finance Banks © MCB UP Limited 2000 LIQUIDITY Liquidity...

... for three things which are highlighted and discussed. Examines the definitions in depth giving lucid explanations. Concludes that the credit derivatives market has a strong base for future growth. © MCB UP Limited 2000 Derivatives Finance Banks Growth CREDIT DERIVATIVES There s a new set...

...Margarita Michail Describes credit derivatives (CDs) and the beginning and meaning of this market with strengths and weaknesses. Wonders who should care most about CDs and gives the following examples: insurance companies; corporations; investors; and banks, giving full details of all, and stresses...