A round-up of the key stories across the specialist financial media
Eurogroup prepares for Juncker's departure
Eurogroup is preparing to appoint a permanent full-time president from mid-2012 when the mandate of its current chairman Jean-Claude Juncker comes to an end. This after, Juncker was quoted in a German newspaper on Wednesday saying that Germany's debt level is worrying and even higher than Spain's.
WSJ exclusively reveals that Federal prosecutors in New York and Chicago have issued subpoenas, a sign of an intensifying criminal investigation as authorities search for around $600m in client money
An English version of the leaked memo from the Chinese securities regulator, the CSRC, by Asiamoney PLUS clearly shows disagreement within the CSRC about the direction it should take in regulating the securities market in China
Asian shares mixed; markets wary over Europe; financials fall
WSJ reports that Asian stock markets were mixed as a lack of concrete measures to stem Europe's sovereign-debt crisis continued to dampen sentiment, while a report from Fitch Ratings Wednesday on U.S. banks' exposure to Europe weighed on financial shares and sent the euro briefly down to five-week lows against the U.S. dollar