New twist in Barclays saga as Staveley sues for £1bn

A long history of dispute over what the Gulf-based adviser should be paid for her role in helping the UK bank raise capital during the financial crisis, first revealed by Euromoney, has been revived – and escalated – by a new claim lodged in the UK High Court.

Sideways: Loss, camera, action

The film of The Big Short provides a welcome reminder of the glory days of Morgan Stanley’s fixed income franchise, when Howie Hubler managed to lose $9 billion on botched structured credit tranche trades.

Trade tremors

Policymakers must work harder than ever to boost trade and banks must revisit their strategies to meet this new threat to their business.

Tensions mount in repo market

Often overlooked and taken for granted, the repo market is crucial to the flow of cash and collateral through all other financial markets, so talk of a coming meltdown is troubling.

GCC liquidity: Islamic advantage

Islamic banks in the GCC may have two advantages over their conventional counterparts at a time of weak liquidity: loyal retail money and the ability to tap two investor markets