Sales and trading revenues slump; Morgan Stanley back in the game

Currency debasement and inflation have ultimately been bad news for men of modest means. Lincoln Rathnam learns lessons from the history of Emperor Diocletian on why our present penchant for McMansions might point to an Appalachian future.

Private equity firms have large amounts they need to put to work, so market discipline might be sorely tested over the next few years.

Iron ore demand from China plummets; Analysts say shipping glut exaggerates drop in demand

Plan for global gold firm in jeopardy; Kazakh authorities seek greater control over oil assets

Did European governments have any choice in opting for austerity? We think not, as confidence must be maintained not just in financial markets generally but in sovereign bonds as zero-risk.

Leading investor says finance industry must generate change within.

Includes Bonds, Equities, Loans, M&A, MTN, Project Finance

The acquisition of Lehman Brothers gave Barclays Capital the momentum to become a clear global leader in the part of the business most investment banks are desperate to grow.

With public markets shaky, there is demand for private equity, and banks want to be in on it despite regulatory threats.

Treasury bank warrants sales increase volumes; Will corporations begin to follow suit?

Europe’s third-largest hedge fund manager has made the most of an attractive environment for discretionary trading strategies, especially in fixed income.

Credit Suisse and Deutsche Bank win top honours in Euromoney Awards for Excellence; Vikram Pandit of Citigroup wins inaugural Banker of the Year award

"Reincarnation Bank offers a safe-keeping for any asset you wish to deposit through your transition into the next life"

Small-cap miners a good investments; Silver benefits from gold’s gains

Growing interest from Chilean institutions; Prospects more attractive than in Brazil

Miners mull expansion capital transactions; Key oil company considers equity issue

US corporate buyers are finding rich pickings in Europe.

The list of cornerstone investors in the ABC deal shows the newfound prominence of Asian and Middle Eastern buyers.

Varvel becomes CEO as Calello steps up to chairman; Kyriakos-Saad and Quintella get bigger regional roles.

Region’s bank stock drops 13%; Community banks worst hit say analysts

Ultimately, the deficit must be repaid. But changing demographics and larger savings pools suggest relatively high levels of government indebtedness might be sustainable in the short and medium term. The bigger risk is that austerity plunges a credit-constrained world into a nasty double-dip recession.

Investment banking heads are confident that they can turn a government-sponsored trading boom into an enduring customer-based cash machine. Regulatory reform and renewed volatility threaten revenues, but the leaders think they have created a moat around their core earnings. Jon Macaskill reports.

The insurance industry needs to consolidate as regulatory pressures build and margins shrink. Yet last year M&A activity in the sector was at a record low. The beginning of 2010 looked promising, but if the Prudential/AIA deal does not succeed, will it signal to the market that it’s still not time? Helen Avery reports.

Despite dropping in several of the regional rankings, AIU, now Chartis Insurance, ranked as the best insurer globally for the third year running in Euromoney’s insurance survey. The majority of last year’s top 10 global insurers remained in the top 10; the exception was Mapfre, which was ousted by Australia-headquartered QBE. Within the top 10, Axa made the most progress this year, jumping from seventh in 2009 to second in 2010.

IPL is India’s free market champion; Direct correlation between IPL and Sensex

Bankers expect more deals; Opportunities in natural resources

First debut deals in nearly two years; Bankers expect more regional issuance

Lower-than-expected acceptance rate for first phase; Deal is key to market re-entry

IPL or IPO: banks see new opportunities