Search results for

Bankers say that costs are low on their list of priorities when choosing legal counsel, yet lawyers complain that fees are fiercely competitive. We listen to both sides in Asiamoney's third law poll, a joint undertaking with sister publication Asialaw, and list those who are voted the top legal advisers in the region.

What most central bankers take for granted, Afghanistan's Anwar-ul-haq Ahady has to fight for – such as money for staff and computers. Fiona Haddock talks to Ahady about the unusual problems he faces as the central banker of a post-war country.

SO YOU THINK IT'S TOUGH? PITY CITI

Risk in the business world used to fall within the bounds of the humdrum and commonplace. Bankers worry about defaults. Investors fret over market volatility. Entrepreneurs fear sudden regulatory changes in authoritarian countries. Even war and terrorism, while not (yet) in the category of the humdrum or commonplace, are risks that businesses understand. But one category of risk that has fallen off the radar screens is that of, to revive a Biblical expression, pestilence.

January 1 – April 30, 2003

The region's relative fundamentals were already deteriorating before the virus outbreak. Hong Kong, in particular, has been seeing for some time its economy go downhill and investment confidence slipping. Now a health pariah as well, bankers and other businessmen are finding the going twice as hard. The danger is that the long-term issues, such as proposals for the most profound stock market changes in two decades, may be overlooked. By Pauline Loong, Nick Ferguson and Fiona Haddock.

Jumping the channel

Traders suspected that one of the underwriters for Allied Waste Industries' new credit sold a piece of the mammoth $1.5 billion revolver down in the 93 context this week. Market players suggested some of the banks, which signed onto the revolver to win investment banking fees, were now paring down their exposure. Others disagreed. "The bids are there, but I don't see anyone selling there right off the bat. They would certainly lose money on that paper," said one dealer. J.P. Morgan and Citigroup lead the refinancing credit, with UBS Warburg, Credit Suisse First Boston and Deutsche Bank also serving as top tier agents.

BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.

BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.

BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.

BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.