Pre-migration untagged articles

US mutual fund managers used to have a reputation for being as interesting as the weatherman or the speaking clock. Unless your name was Johnson and Fidelity had therefore made you a billionaire, life in mutual funds was considered something of a drudge and an intellectual backwater.

A former Lehman Brothers managing director showed us an award for the firm's stellar performance in 2005. We told him not to bother, as it would be the first of many.

Have you ever dreamed about waking up and finding that you were suddenly the owner of your own private bank?

It is perhaps not surprising that the legal problems surrounding Deutsche Bank and Josef Ackermann hog some of the international press headlines, and we have seen some comments on Ackermann which are both amateurish and shallower than an April shower puddle. When we berate our German friends for being so wishy-washy, they try to be apologetic and say that Germany simply doesn't produce many excellent bankers.

DZ Bank has launched the inaugural trade off its recently established Eu1bn tier one capital issuing programme called DZ Bank Perpetual Funding Issuer (reported in EuroWeek 932).

Despite initial fears last week that the dollar market was not quite suitable for supranational, sovereign and agency issuers yet this year, borrowers came out in force this week, proving doubters wrong.