Banks

BTG Pactual consolidates after IPO

Bank controlled by André Esteves exceeds expectations

• BTG Pactual links up with VTB Capital
• BTG Pactual takes over Colombian brokerage

Second year in red for Crédit Agricole

French lender turns page on a bad year

• Crédit Agricole confirms €2.68bn writedown
• Crédit Agricole poised for profit warning

Bank’s downfall opens old Dutch wounds

Insularity of financial system blamed for crisis at SNS Reaal

• FT Alphaville Dutch-bottomed bank bondholders
• Netherlands nationalises SNS Reaal

Italy’s scandals echo the ‘tangentopoli’

• Finance Entangled in Tuscany
• India ready to scrap Finmeccanica deal

Payments due on next tranche of ECB loans

Early LTRO repayments will be scanned for recovery prospects

• ‘Strong’ repayment of ECB cheap funding
• FT Alphaville LTRO flow

China drains cash to curb liquidity

Record $146bn withdrawn from the economy since Monday

• Frugality drive hits China’s restaurants
• beyondbrics US and China credit worries hit Asia

FSA denies it was slow on Libor scandal

City watchdog emphasises its early co-operation with US regulators

• Banks pressed to help set Euribor rates
• RBS staff at centre of Libor tactics

Price restraint needed to aid IPO market

Participants should not to get too greedy quite yet

• Lex BHP Billiton
• Kloppers’ legacy extends beyond deals

US issuers in residential mortgage bond rush

Deals come before new regulations

• RMBS ‘comes in from the cold’
• UK lending plan lifts mortgage debt