A round-up of the key stories across the specialist financial media, including how EU members are braced for a summit battle.
EU leaders braced for summit battle
When the leaders of the European Union meet in Brussels on Thursday and Friday, facing a full-scale financial crisis in the eurozone, they know this will be no ordinary summit.
The largest U.S. banks would have to stop relying on credit ratings to evaluate the risk of assets they hold in their trading accounts under proposed rules aimed at reducing ratings firms' influence on financial markets.
Most global investors predict China will face a banking crisis within the next five years, paring their appetite for the nation’s shares and eroding confidence in its leadership, a Bloomberg Global Poll indicated.
