Leaders

CPDOs: When will the tail wag the dog?

BT’s potential bumper securitization: Hoist by their own petard

Structured credit: Banks rush to print CPDOs

Hedge funds: There are no winners in the blame game

Editors Letter: Italy reaches a tipping point

IPO of China’s largest commercial bank looks set to be a success

Sale of Japan Post will create the world’s biggest bank

Money talks, hedge fund employees walk?

Exchange merger not the main show in town – look backstage

Buyers should beware in rush to Gulf private equity

UK infrastructure assets: Water works

Overseas investments: India makes its presence felt