China eases rules for foreign banks

Move largely symbolic as Beijing makes good on reform pledges

Editor’s choice

Martin Gilbert of Aberdeen Asset Management.
Martin Gilbert discussed the impact of technology on the fund industry
An employee arranges U.S. 100 dollar notes for a photograph at the Korea Exchange Bank headquarters in Seoul, South Korea, on Monday, Aug. 8, 2011. The dollar dropped to a record low against the Swiss franc and fell for a second day versus the yen after Standard & Poor's downgrade of the U.S. added to concern the fiscal health of the world's biggest economy is slipping. Photographer: SeongJoon Cho/Bloomberg ©Bloomberg
What could go wrong with economic forecasts? Frankly, anything, says James Mackintosh

Volcker lambasts Wall Street lobbying

Withering attack as industry secures extension to comply on hedge funds

Madoff risks return for Santander

Swiss prosecutor weighs indictment of former Botín lieutenant

Comment: Futures trading costs are rising

ETFs becoming lower-cost alternatives, says BlackRock’s Rachel Lord

EU toughens up research fee rules

Move to tackle conflicts of interest and a lack of transparency

UBS chooses Staley for board role

Swiss bank’s nomination will be voted on at next year’s AGM

Aim expands on a flurry of activity

Queue of companies lining up to join junior market getting longer

Consortium plans European stock venue

Plato Partnership aims to raise transparency and lower trading costs

Fare dodger banned from City posts

Ex-BlackRock executive barred after £43,000 train fare settlement

The view of Canary Wharf from Greenwich Park

Bank traders lose big on AbbVie-Shire bets

Large positions in failed takeover raise prop trading concern

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