From WORLD 5:34pm

Kabul Bank was massive fraud, says report

Cash smuggled out of Afghanistan in airline food trays

Industry trends

ceiling of St. Peter's Basilica, Rome ©Corbis
Bulk of activity focused on cross-border funds
– Quarterly industry review
EU flags ©Reuters
Rising competition in an industry enjoying strong asset growth
– Special report
From EQUITIES 1:38pm

Shanghai Composite ignores good news

Chinese investors have moved to other assets such as property

Inside Business from COMPANIES 4:19am

Chinese princelings profit from corruption

Graft is so endemic that it suppresses real competition

Lombard from COMPANIES 8:38pm

Active stance makes Qatar a powerful arbiter

Companies will now seek signoffs from the fund for deals

From COMPANIES Nov 27, 2012

Unpredictable weather hits Severn Trent

Wettest summer on record weighs on utility’s revenues

Alchemy
Mary Schapiro: said resistance led to the suspension ©Reuters From WORLD Nov 26, 2012

Schapiro to step down as head of SEC

Elisse Walter named as regulatory body’s new chairman

Nov 25, 2012

Investor voting varies widely

TUC survey finds little opposition to bank pay resolutions

The Big Picture from INVESTMENT STRATEGY Nov 25, 2012

DC scheme design stirs up strong opinions

DC plans’ need for liquidity limits infrastructure investment

Nov 25, 2012

Engagement without payment, FSA says

Paying for access raises concerns about conflict of interest

Nov 25, 2012

Luxembourg ends Ucits promoters’ role

Managers will need to boost presence in the country

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