Risk Management

In profile: Russian Railways' Pavel Ilichev

In profile: Russian Railways' Pavel Ilichev

Roubles, dollars, pounds and now Swiss francs: Russian Railways has journeyed the debt markets to find the best funding opportunities. Pavel Ilichev, its deputy head of corporate finance, takes Tim Burke on the tour.

Risk, reward and reports

Risk, reward and reports

Treasurers are being asked to hone in on risk management as well as their more traditional areas of expertise. There are tools that can help ease this increased workload, writes Liz Salecka.

The return of distressed debt

The return of distressed debt

At the end of September, Seychelles announced it was defaulting on its US$800mn of external debt, in the first sovereign default for two years. Experts agree that more defaults are coming in EMEA sovereign and corporate debt, and some funds are poised to take advantage of distressed debt situations.