Ex-Deutsche employee admits spending excesses

Lavish entertainment for pensions executive was ‘systematic’

Editor’s choice

An illuminated euro sign is seen in front of the headquarters of the European Central Bank (ECB) in the late evening in Frankfurt January 8, 2013. The cost of living in the euro zone rose more than expected in December but remained benign enough to allow a possible cut in interest rates in 2013 to support the bloc's feeble economy. The ECB's Governing Council meets on Jan. 10, with policymakers appearing unwilling to countenance a rate cut so early in the year. REUTERS/Kai Pfaffenbach (GERMANY - Tags: BUSINESS POLITICS) - RTR3C7Z9 ©Reuters
Humdrum mechanism could mitigate risk of securitising EU banks’ SME lending, says John Dizard
Pedestrians wait at a bus stop near Taipei Main Station in Taipei, Taiwan, on Wednesday, July 24, 2013. Taiwan President Ma Ying-jeou ruled out driving down the Taiwan dollar to boost exports following the currency’s rally against the yen and said the government still aims for growth of at least 2 percent this year. Photographer: Jerome Favre/Bloomberg ©Bloomberg
Investment activities of four main public pension funds to merge

BoE to oversee ‘ethical hacking’ of banks

Exercise will test resilience of computer systems

Small shareholders’ rights to be boosted

FCA looks to protect London’s reputation as financial centre

Cultural change in regulation looms

Few fund groups have grasped implications of new risk agenda

Penalties for rogue directors toughened

Reckless executives face disqualification and compensation awards

The financial tide cannot be held back

We must address excessive bank leverage or face another storm, writes Robert Jenkins

Six ways to mend Europe’s financial sector

A legislative ‘Super Tuesday’ passes seven files of regulation

Tech groups transform how finance is done in China

The internet is making the country a much fairer place

Duke board targeted over ash spill

Calpers and New York fund critical of utility’s environment record

Firm partners rush to beat tax crackdown

Banks face loan requests from juniors needing to stump up equity

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