China restricts exports of some obscure but important commoditiesBEHIND the rise of resource-poor countries like Japan, South Korea and China into industrial giants has been the readiness of other countries to sell them critical commodities, albeit som…
Germany’s biggest bank is trying to make investment banking boring. The latest in our series of profiles of financial institutions after the crisisJOSEF ACKERMANN, the head of Deutsche Bank, combines a silky manner with blunt words. When the Germ…
The IMF offers indebted governments some reassuranceONE consequence of the deepest recession since the Depression has been the biggest peacetime build-up of public debt the rich world has ever seen. Some reckon that the debt position of many rich count…
HSBC learns to play the vuvuzelaTHE closest HSBC traditionally got to sub-Saharan Africa was sending its Hong Kong-bound staff round the Cape of Good Hope before the Suez Canal opened in 1869. It is a sign of the region’s vastly improved prospect…
A lawsuit in Germany highlights the flaws of hybrid securities“MORE capital, better capital” has been the chant of central bankers and regulators, as they strive to rebuild the banking system on more solid foundations. The debate about how …
