Complaints about the prices of bank privatizations do nothing to further the cause of China’s continued integration into the global economy.

Fewer new financial sector rules from the EC might sound like a welcome respite, but it is not the same thing as no new rules.

Dressing up down under

Nicolás Aguzín’s appointment as chairman of JPMorgan’s Latin American franchise heralds a new strategy in the region. Gone is the big picture approach; now the emphasis is on getting the nitty-gritty right and building long and lasting corporate relationships. Felix Salmon reports.

It was set up by private bankers. It is run by private bankers, and it is built around private bankers. The brightest talents are flocking to it. Does EFG International have the model to take wealth management by storm? Peter Lee investigates.

Euromoney reports on the innovations driving the market forward, and profiles the winners of latest Islamic finance awards.

UK activist hedge fund The Children’s Investment Fund (TCI), famous for its successful campaign against Deutsche Börse, shook up Hong Kong’s collegiate corporate world with announcements that it had built up stakes in two of the territory’s corporate elite.

JPMorgan, Barclays Capital, Credit Suisse First Boston and Royal Bank of Scotland are underwriting €10.2 billion of debt financing for the purchase of Danish phone company TDC, Europe’s biggest ever leveraged buyout.

The National Bank of Abu Dhabi’s (NBAD) $850m floating rate note sold in December has set a new benchmark for the region’s issuers both in terms of size and spread.

The Tokyo Stock Exchange found that a malfunction in its new and trouble-prone trading system prevented Mizuho Securities from being able to cancel the mistaken J-Com order.

Germany is the European market that most excites foreign banks seeking new wealth management business. But a few local players still dominate a market that should be ripe for internationalization. Mark Brown reports.

The economy minister’s ousting signals the end of an era.