Investment

Capital markets

Pepsi develops its thirst for Russian assets

Corporate finance: Companies can’t hoard cash forever

Tensions run high over sovereign debt haircuts

Corporate securitization: Trouble brews in UK pub sector

Banking

Investment banking: Société Générale still sees profit in complexity

Goldman’s Facebook deal strikes blow to private-stock market

Macaskill on markets: Politics swings against curbs on banks but insider-trading probe could snare them

Macaskill on markets: Insider-trading – Big names next on the list?

Investment banking: The new global reality

Editor’s letter: Covered bonds bail-in free

China: Sino-foreign securities joint ventures – Partners in name alone

Banking

Nigeria: State firm buys $15 billion of Nigeria’s bad debt