A disaster’s lessons for Dodd-Frank

Beware of unintended consequences and cost-benefit trade-offs, writes Randall Kroszner

Zurich says any offer for RSA may be in cash only

Swiss suitor likely to wait until UK insurer reports results before bidding

State of the renminbi

China’s currency has come a long way in the past decade

FCA warns banks over benchmark risks

Watchdog says changes have been piecemeal and lacked urgency

Hiscox calls for insurance ‘war game’

Chairman of Lloyd’s insurer warns industry about complacency

Trader Daniel Masters in New York
©Pascal Perich

Oil trader who joined bitcoin brigade

Daniel Masters is an early convert from mainstream finance

China seeks to tame online finance risks

Rules will raise barriers to entry and lead to consolidation

A Bloomberg screen is seen in the FT Newsroom.

UK regulators upgrade Bloomberg status

FCA approves application to run London-based platform

Banks back from near-death experience

Regulation improves attraction of financials in developed markets

Jain cleared of lying about rate rigging

BaFin drops part of probe into former Deutsche Bank co-chief

An over-clever way to prepare for crisis

Making money from distress is not that easy, says John Dizard

Bank regulation: Pick your poison

In the absence of bright-lines, complex rules govern banks

Turquoise wins Plato beauty parade

Bank-backed venture enters into exclusive discussions

Investors wait on Europe dark pool caps

Delays fuel concerns over Brussels rules

Euronext wins Dutch court IP ruling

Judges favour exchanges operator in long-running case

LSE issues fine over poor trade reporting

UK exchange issues £225,000 penalty for fixed income rules breach

Job Moves: who is hiring and where

The latest job moves and coverage of people making the news in the world’s financial capitals

FCA cuts down on dawn raids

UK markets regulator has focused on Libor and forex

Relief for banks as Osborne reins in FCA

A steel-nerved watchdog must enforce a rules-based settlement

China hunts for stock market bears

Boundary between opportunism and manipulation is hazy