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Nigerian controls endanger foreign investment in Africa as a whole.

China’s economic stimulus package offers only a temporary respite from the country’s – and indeed the world’s – current woes, believes Nouriel Roubini, professor of economics at the Stern School of Business, New York University and chairman of consultancy firm RGE Monitor. "We have to think about changing the system of global current account imbalances," he said on a panel discussion at the Boao forum in China, "because we cannot continue with the present system of having the US as the consumer of first and last resort, over-borrowing and over-leveraging, while surplus countries like China are spending less than their income."

The US Treasury has criticized banks for reducing lending after it bailed them out. The banks say they are doing their best and want to pay government capital back. A row is brewing.

Ever-so secretive hedge fund Tudor is believed to have hired Robin Wilkins from JPMorgan and Aadarsh Malde from Goldman Sachs. As ever, no confirmation from any of the parties concerned at the time of writing.

Dierk Reuter has quit his job as global head of FX algorithmic trading at Deutsche Bank, which he joined in November 2007 from Goldman Sachs. Sources say Reuter is poised to set up a niche boutique and that he will be joined in his new venture by Matt Wilhelm from Goldman Sachs and at least two algo experts from RBS.

With the international debt market still inaccessible for most Colombian corporates, the local market provides a ray of hope.

Trade body representations at the G20 Summit helped reduce the pressure for heavy-handed regulation of hedge funds. Neil Wilson reports.

Eddie George’s skills are missed now more than ever.

In May the European Central Bank may announce whether it will employ unconventional monetary policy measures. Throughout March speculation built that the ECB would unveil a plan to buy sovereign and even private debt in the secondary market, especially after ECB president Jean-Claude Trichet failed to deny such rumours. As it was, in addition to disappointing the market with just a 25 basis point cut in the key ECB rate to 1.25% in April, Trichet stated that any decision to deploy new non-standard monetary policy tools would be deferred until May.

Fubon Financial’s chief executive sees no hope at home without intensive consolidation.

Private equity stepping in to the vacuum left by lending banks.

If you want a microcosm of the bad habits global capital got into as the credit crunch hit, go to Brisbane.