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January 2009

Main

Top stories

Trichet’s balancing act

Investment banking

Investment banking: How to make money in 2009

Debt markets

Are agency brokers the new powers in debt trading?

Middle East

Arab Bank: It’s all about liquidity

Davos

US policy failures: Who dropped the ball?

Investors can find value if they pick and mix

Why all financial entities, including hedge funds, must be regulated

Corporate finance

Corporate restructurings: We can work it out

Corporate finance: Brufau steers Repsol away from risk

Foreign exchange debate

FX debate - Investing in FX: learning history lessons

Emerging Europe

CEE roundtable: Central bankers fight to get banks through the downturn

Russia

Russia’s bankers ride out the storm

Russian capital markets: Full of value or close to collapse?

Hungary

Hungary goes through the mill again

Azerbaijan

State Oil Fund of Azerbaijan: Azerbaijan goes the other way

Kazakhstan

A two-way street between Kazakhstan and Korea

Equities

ECM: More repair and reconstruction to come

Cash management debate

Cash management debate: Know who your friends are

Credit markets news

Debt markets: Two tiers in 2009

Research: ABS research hit

Agencies: Eksportfinans turns to government for funding

CLOs chafe at inability to find bargains: Restrictions limit purchases to par

Infrastructure: Eircom sale mooted for B&B

Hybrid capital: Deutsche breaks unspoken rule

Debt trading poll 2008: All change in secondary markets

Credit market round up: Garvey retires from Goldman

Credit market round up: Hagen leaves VDP

Credit market round up: Coface to launch UK ratings

Foreign exchange news

Post-trade integration: Linking the post-trade chain

FX cost measurement: Benchmarking trading costs

The weeklyFiX digest: Fraudsters fined in Florida

The weeklyFiX digest: Icap sets a new record

The weeklyFiX digest: Saxo to get acquisitive?

The weeklyFiX digest: Sterling plumbs the depths

FX market round up: TraderTools launches new keyboard

FX market round up: Volume turned down

FX market round up: CME hires for hedge funds

Equity markets news

Equity valuation: Where’s the bottom?

Future uncertain for equity derivatives

MTFs: A strategy more complicated

Equity market round up: Spotlight on 2008 IPOs

Alternative investments news

Careers in hedge funds: Job market alive and kicking

Hedge funds: Latin America offers a safer bet in 2009

Hedge funds: Opportunities in redemptions

Alternative investments round up: Carlyle makes first lay-offs

Alternative investments round up: PAAMCO takes on KBC’s Asia FoHF

Alternative investments round up: Ex-Lehman head sets up shop

Alternative investments round up: Asia’s growth slips

Alternative investments round up: EC to examine regulation

Hedge funds news

Hedge funds: The one-size-fits-all model is bust

Hedge funds: Data

Asia news

Philippines: Tetangco optimistic for 2009

India: Corporates scrabble for cash

Asian markets round up: China’s 8% target

Asian markets round up: Megabanks grab capital

EEMEA news

Iran: Oil leaves Iran high and dry

Russia: Big brother helps little brother

Kazakhstan: Investment bankers upbeat amid the downturn

Kuwait bail-out gathers pace

EEMEA market round up: Eurasian Development Bank expands

EEMEA market round up: Rate cuts in South Africa

EEMEA market round up: Shuaa favours Saudi Arabia and Qatar

Latin America news

Mexican banking: Slim sets sights on Banamex

Panama: Expansion plan puffs canal

Foreign banks in Latin America: HSBC builds as others suffer

Chávez watch: unlimited re-election

Latin American market round up: Credit squeeze for Latin America

Latin American market round up: Ecuador defaults on $3.8 billion

Market leaders

Russia must devalue the rouble

Madoff: Lessons from hedge fund fraud

GMAC debt restructuring: Banks hobbled in workout deals

Equities: Flight to quality lifts smaller brokers

NPLs: China’s trillion renminbi problem

The insanity of sovereign CDS

Columns

Abigail Hofman: Heroes and villains of 2008

Inside investment: Equities – Buy at the January sales

Regulation: The Madoff collapse shames us all

Front End

All I want for Christmas is some triple-B CMBS

A guide to job mis-description

Lessons of the last meltdown

Eur-Ode of January past

Christmas joy… at last

Quotes of the Month

Off the Record