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  • Landesbank Nordrhein-Westfalen (LB NRW), fully guaranteed by the German state of Nordrhein-Westfalen, has mandated Morgan Stanley to arrange its new $8bn EuroCP programme.
  • Leak knows that bankers are a rather wily bunch at times and often keep their cards close to their chest, so we are always on the lookout for a telling flinch or wince. But recently we have been poker faced good and proper by one market card sharp.
  • Rating: A1/A/A+
  • Thomas Burke started work at Dresdner Kleinwort Wasserstein this week. Burke moved from Lehman Brothers to become managing director of debt principal finance. He will report to Atul Bajpai, global head of debt principal finance and securitisation.
  • There have been some truly eye-catching banking results recently. Royal Bank of Scotland led the way with its dazzling figures and now Lehman Brothers has produced numbers which had competitors falling off bar stools or shaking their heads in amazement.
  • The second Basel Capital Accord, on track for implementation at the beginning of 2007, will irreversibly change the way the syndicated loan market operates. Are bankers paying enough attention? Taron Wade reports.
  • Diligent readers will notice the delightful British racing green copy of Loan Market Review accompanying this edition.
  • Competition in the syndicated loan market for mandates has reached frenzied levels due to a sharp drop in deal supply and an excess of banks chasing business. And taking a look at deal volumes in the first quarter of 2004, the mandate chase is poised to become even more intense.
  • Competition in the syndicated loan market for mandates has reached frenzied levels due to a sharp drop in deal supply and an excess of banks chasing business. And taking a look at deal volumes in the first quarter of 2004, the mandate chase is poised to become even more intense.
  • If you haven't yet read Gillian Tett's book, Saving the Sun, don't just sit on your duff, go and buy one while stocks last.
  • Malaysia's ministry of finance has awarded the mandate for a $1.3bn financing package for 1st Silicon (Malaysia) and Penerbangan Malaysia to a group of five banks.