Finance & economics

Financial technology

Beware the millennium

Can EMU be left to stew?

The costs of qualifying for Europe's single currency are proving to be high. Trouble is, so is the likely cost of postponing the project

South Africa's economy

Turnaround

Italian securities

Mission implausible

Up the NAIRU without a paddle

In the 1970s, mainstream thinking on unemployment converted to a new conservative orthodoxy. Now, liberals are making those ideas their own

Investment banking

Eviction in the City

The troublesome marriage of Germany's Dresdner Bank with Kleinwort Benson, a British merchant bank, has lessons for other would-be suitors

Crédit Lyonnais

An affair of state

Crédit Lyonnais

Problems, problems

The bank, the studio, the mogul and the lawyers

Crédit Lyonnais is having a miserable time in Hollywood. It can expect harder times in Paris too

Crédit Lyonnais

A state puppet?

From the archive

The death of Drexel