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  • ABN Amro is handing down its underperforming US high-grade business to wholly owned
  • Germany's industrial heartland, the Ruhr, is adapting well to a world after steel and coal. But when the country's top bankers met there in Essen last month they wondered long and hard about the ability of the rest of Germany to cope with economic change
  • An inflexible and costly labour market is often blamed for the eurozone's poor economic performance. But in Germany at least, times are changing. In an appeal to pure free-market economics, two Germans have launched a recruitment website where jobs go to the lowest bidder.
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  • "In 1994 banks held 70% of all loans. That's now dropped to 29%. Institutional investors now hold 64% of loans. That's not syndicated lending, it's capital markets. They need to change the name."
  • The US economy is in a fool's paradise – Europe and Japan are by no means doomed to lag behind it. But none of these rivals can afford to abandon free trade to cope with China's massive growth
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