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December 2003

Main

Cover story

M&A revival without investment bankers

Is the grass greener on the client side?

Fund management

Gartmore finds a good alternative

Equity markets

Discontented Dutch brokers prompt foreign intervention

EU in a twist about internalization

Western Europe

Leader tipped to fall back in growth race

Market opens up to financial sector securitizations

A tough line on runaway spending

Emerging Europe

Bruce Jackson: The man who brought Nato east

Eastern Europe's deal of the year?

Latin America

Bond recovery takes hold

Latin bonds attract more banks

Veteran traders take Latin path to growth

Asia Pacific

Asia's corporate governance pioneers

Asia's best companies 2003: India dethrones Hong Kong for top spot

Foreign Exchange

Dollar fall will continue

Debt markets

Infrastructure drives market growth

Middle East

Struggling for dominance

Editorial

Full speed ahead for Basle II - like it or not

Front End

L'état, c'est qui?

A cut-throat business

Soros turns on Putin and Bush

Wilko factor puts boot into Macquarie

Nickel trader drums up new business

Bonus bonanza beckons

Breakingviews

Parmalat turns sour

Battle of the bonus

Kings of binge set for a fall

Market Monitor

Will 2004 deliver for securitization?

Permal launches Shariah-compliant hedge fund

Corporate governance gets Deutsche boost

Borrowers beset by growing opacity

Statement

Emerging markets

Growth keeps investors on board

Curbs squeeze foreign borrowing by Indian firms

Budget deficit cut slips further over the horizon

Deal Insider

Castilla-La Mancha blazes international trail

Commerzbank pulls off an unlikely trick

Against the tide

A different sort of recovery

People

Andrew Garner

Susan Segal

Lawyer

Venture capitalists ease terms for Silicon Valley start-ups

Flipside

Aussie peso strengthens but England sets the gold standard