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Nothing is scarier than the idea that your risk management is special. Deutsche should look again at its leveraged finance business.

India’s securities regulator has reworked the much-maligned Institutional Trading Platform (ITP), giving it a new name and more flexible rules in the hopes of attracting technology start-ups. But like its last iteration, the reformed listings platform is probably doomed to fail.

Hong Kong equity investors may feel they need a break after a year of underperforming IPOs, sharp declines in valuations and protracted volatility. But don’t call time on the market just yet.

The European Stability Mechanism’s second ever dollar benchmark scored an overall average of 6.83 on BondMarker, amid a general trend of lower scores from public sector borrowers.

China and Japan confirm details of currency swaps and plans to invest more in third party markets, the Hong Kong Monetary Authority (HKMA) renews the license of nine authorised institutions as Primary Liquidity Providers (PLPs) for the CNH market in Hong Kong and Singapore sets up new government agency to bridge the funding gap facing Asia’s infrastructure projects.

In this round up, Eastspring Investment Management can now offer onshore investment products to Chinese customers, SWIFT Business Intelligence outlines Australia’s role in renminbi internationalisation, and Industrial Commercial Bank of China (ICBC) gets approval from the European central Bank to set up a subsidiary in Austria.

In this round-up, China Securities Regulatory Commission (CSRC) updates rules for asset management industry, more loosening measures include setting up bailout funds and more credits for private companies, and the China Banking Regulatory Commission issued draft rules to enhance foreign banks' business scope in China.

Investors and regulators in Europe treat a couple of private rating agencies as omniscient — and that is bad for the rest of us.

Some investors are apparently looking for the euro to go global as a counterpoint to the dollar, which is “becoming a political instrument”. A currency that was contrived as a means to bind together a disparate bunch of societies and their economies is surely little other than a political instrument.

The cryptocurrency market has had to learn a lot of lessons about the realities of finance very quickly, but the marketplace is at last developing the utilities required to smooth the boundaries between cryptocurrency and traditional finance.

Some Schuldschein investors claim a slew of transactions being shown to lenders have reached their desks only because the arrangers are trying to sell on their own exposure to troubled borrowers. But deal arrangers have reacted forcefully, and said such claims are sheer fantasy. Silas Brown reports.

I made myself a guest again at the annual autumn sales by the venerable auction houses, which are a regular fixture of the Hong Kong social calendar.