Markets news
Bank funding: Banks turn to LME to meet capital shortfalls
OTC regulation: Collateral management blocks derivatives reform
Credit Suisse shakes up FX
Foreign exchange: Renminbi internationalization to continue in 2012
Equities: Tough year for active managers is good for ETFs
Investment banks: Dire second half hits 2011 fee income
EEMEA news
Baltic states: In Snoras, an omen for the year ahead
Turkey: Going forward costs brokers and exchanges dear
Saudi Arabia: Reformers take the reins
Banking: VTB Capital revs up for international drive
Comment
Investment banking: No succour from fee data
ECB: Two cheers for the three-year LTRO
Basle scrutinizes capital relief trades
Capital markets: The Russian winter will endure
Renumeration: Out of touch with reality
Asia: Capital outflow resilience
Columns
Macaskill on markets: An unhappy new year for corporate activity
Sideways: Trying to square the ‘truth circle’
Against the tide: Bleak midwinter in euroland
Inside investment: Building blocks of recovery
Book review: Masters of reinvention