The holidays are almost over. Children are getting ready for school and, public transport is getting crowded again, and most of us are preparing to get our heads back down to work for the four-month slog up to the Christmas and New Year holidays.
Natixis today pledged to slash risky trading and review its international growth plans for its corporate and investment bank after €1.5bn ($2.2bn) of fresh credit writedowns dragged the division to a €1.3bn second-quarter net loss and plunged the overall group back into the red.
Far-reaching Chinese anti-trust regulation which became law this month may cause problems for buyout firms investing in the region, according to big four accountant Deloitte.