A round-up of the key stories across the specialist financial media, including news that the EU is doubling up its bailout funds
EU talks on doubling financial firewall
FT reports that in eleventh-hour negotiations have begun to create a much bigger financial “bazooka” to present at this week’s European Union summit that could include running two separate rescue funds and winning increased support for the International Monetary Fund.
Judge confirms Lehman's $65bn plan to pay back creditors
A judge yesterday confirmed Lehman Brother' $65bn creditor payment plan, one final major milestone in the investment bank's record setting bankruptcy case and a cathartic ending to the collapse that tipped world economies into chaos in 2008
Australia’s economy surged in the third quarter, spurred on by a boom in mining investment, with the data coming a day after the nation’s central bank cut the key cash rate on fears about the outlook for global growth.
Change to Japan clearing mandate ends LCH-JSCC talks
A decision to limit the scope of Japan's clearing mandate has torpedoed months of partnership talks between LCH.Clearnet and the Japan Securities Clearing Corporation