Are European banks too big to fail?

This interactive map explores the relative size of business and government. Updated to show tier 1 capital ratios for each bank, and household debt levels as percentage of GDP
Rich nations must not use the crisis as a pretext for abandoning developing nations, write Kofi Annan, Michel Camdessus and Robert Rubin
Fred Goodwin becomes most high profile casualty
Eurozone agrees to guarantee bank debt
$9bn investment from Japanese group
Governments scramble for accord

This interactive map explores the relative size of business and government. Updated to show tier 1 capital ratios for each bank, and household debt levels as percentage of GDP

The good news is that governments are at last abandoning an ad hoc approach in favour of a systematic response, writes Wolfgang Münchau

The international financial system needs repairing , but there are grounds for optimism, writes George Soros

The strategy of debt-fuelled growth that transformed Reykjavik into a financial powerhouse now leaves Iceland facing an uncertain future

As this month’s events show, senior bankers struggled but failed to avert a collapse of faith in modern finance, writes Gillian Tett

Treasury secretary Hank Paulson’s refusal to rescue the 158-year-old bank took the upheavals into their latest and most severe phase
Politicians should not become central bank governors. David Oddsson is part of the problem and should resign now, writes Richard Portes

Sometimes people are forced to choose which they want more – democracy or prosperity. We are picking the latter, writes Christopher Caldwell

The British prime minister’s bold response to the financial crisis has caused the country to look at him with fresh eyes