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QUANTUM FINANCE IN PERSPECTIVE

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CHINA ON THE MARCH
Among the BRICs economies, China has put itself in the front rank by appreciating the importance of controlling inflation, says David Smith.

HOME BANKERS
Universal banking was the preferred option in the boom time of the 1990s and early 2000s in the hope of enhancing profit margins. In the wake of the credit crunch, doubts have set in. Conrad de Aenlle reports.

LOOPING THE LOOP
Margareta Pagano interviews Rupert Hume-Kendall, chairman of global equity capital markets at Merrill Lynch, who is optimistic about the future.

GOLDEN OPPORTUNITY
The insurance and reinsurance industry has failed to adapt to the processing revolution, and that gives the Gulf a chance to bid for a new trading exchange, says Alex Letts.

STOCK OPTIONS
The old New York Stock Exchange has morphed into an £18.6 trillion global phenomenon. NYSE Euronext chief executive Duncan Niederauer tells Conrad de Aenlle how the transformation was achieved.

CLEAR SIGHTED
Using clearinghouses for over-the-counter trades could offer protection against major losses. But there are issues to resolve, says Aaron Brown.
 

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