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• US Arrests Credit Suisse Banker in Tax Probe Tuesday, 22 Feb 2011 | 5:46 AM ET

  

  A Credit Suisse banker has been arrested in connection with a long-running US tax evasion investigation and could be one of several individuals likely to face charges this week as prosecutors turn their focus from institutions to bankers and wealthy clients, said people familiar with the matter.

• Bank of America Restates Credit Card Unit Results Tuesday, 22 Feb 2011 | 5:13 AM ET

  

  Bank of America has revised the results of its international credit card business for the last two years, adding a $20.3bn non-cash goodwill writedown in 2009 while reversing a $10.4bn charge made last year.

• SEC Case Prompts Hedge Funds To Sweep for Bugs Tuesday, 22 Feb 2011 | 5:10 AM ET

  

  Hedge fund managers are hiring security firms to sweep their offices and homes for listening devices, security experts say, in reaction to the US government’s insider trading investigations. The FT reports.

• Emergency ECB Lending Remains Elevated Friday, 18 Feb 2011 | 7:07 AM ET

  

  Demand for emergency loans from the European Central Bank has stayed at unusually high levels for a second day in a row.  The FT reports.

• Funerals of Bahrain Protesters Possible Flashpoints Friday, 18 Feb 2011 | 5:44 AM ET

  

  “Anything you want on land, sea or air, we can do it.” This is how Bahrain’s King Hamad bin Isa al-Khalifa summed up his support for US policy when he met General David Petraeus, one of the top US army officers, in May 2009, reports the Financial Times.

• Middle East Protests Force US on Defensive Thursday, 17 Feb 2011 | 5:49 AM ET

  

  The spread of protests to strategically vital countries such as Bahrain has put the US on the back foot after years when Washington appeared to overestimate the impact of local leaders’ reform efforts. The FT reports.

• SEC Escalates Probe into Freddie Mac Disclosures Thursday, 17 Feb 2011 | 5:12 AM ET

  

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• Lawmakers Resist Bankruptcy for US States Tuesday, 15 Feb 2011 | 6:45 AM ET

  

  US lawmakers have expressed opposition to the idea of allowing US states to seek bankruptcy protection to alleviate pension underfunding and other debt burdens. The FT reports.

• Number of Russian Billionaires Hits New High Monday, 14 Feb 2011 | 4:56 AM ET

  

  Russia boasted 114 dollar billionaires at the end of last year, according to an annual ranking of the country’s richest 500 published on Monday by Finans magazine. The new record represents a remarkable comeback for a breed that seemed endangered when Russia’s stock market hit rock bottom in February 2009.

• SEC Probes ETF Use in Disguising Insider Trading Thursday, 10 Feb 2011 | 5:37 AM ET

  

  ETFs have emerged as a possible mechanism for maximizing gains in one stock while potentially masking trading patterns, people familiar with the matter told the FT.

• Swiss Receive Inflow of Russian Oil Traders Tuesday, 8 Feb 2011 | 6:55 AM ET

  

  Switzerland has witnessed an inflow of Russian oil traders, bolstering the country’s claims to be the world’s leading trading center for physical oil, industry executives said. The FT reports.

• Meredith Whitney's Muni Prediction Draws Scrutiny Tuesday, 8 Feb 2011 | 4:44 AM ET

  

  Meredith  Whitney, once a media darling , finds herself pilloried in the news media and by colleagues these days for predicting a calamity in municipal bonds. Critics say the call is overstated, but it has alarmed investors in that usually sleepy market.  The New York Times reports.

• UK Seeks Global Accord on Cyber Behavior Friday, 4 Feb 2011 | 10:45 AM ET

  

  Britain is to call for countries to agree rules for “acceptable behaviour” in cyberspace amid concern about what is seen as a growing security threat. The FT reports.

• EU to Call for Commodity Derivatives Curbs Wednesday, 2 Feb 2011 | 5:54 AM ET

  

  Top European Union officials will on Wednesday call for curbs on derivatives markets and greater use of trade policy to reduce volatility in commodity prices and improve the bloc’s access to key raw materials.

• Competition Pushes US Banks to Ease Credit Tuesday, 1 Feb 2011 | 5:29 AM ET

  

  Competition to lend to large US companies is forcing banks to start easing credit terms according to the latest Federal Reserve survey of senior credit officers. The FT reports.

• ECB Halts Emergency Purchases of Bonds Tuesday, 1 Feb 2011 | 4:52 AM ET

  

  The European Central Bank suspended its emergency purchases of euro zone government bonds last week as the debt crisis eased, allowing it to focus on combating rising inflation, reports the Financial Times.

• Business Leaders See Euro Zone Break-Up Monday, 31 Jan 2011 | 5:59 AM ET

  

  An overwhelming majority of business and financial leaders from around the world think there is a chance that one or more eurozone countries will leave monetary union over the next three years, reports the Financial Times.

• Europe’s Banks Hint at Return to Health Monday, 31 Jan 2011 | 4:59 AM ET

  

  Europe’s banking system is returning to health amid signs that financial institutions are no longer hoarding cash, according to key indicators, reports the Financial Times.

• Hedge Funds Rebuke Goldman Regulation Call Friday, 28 Jan 2011 | 6:57 AM ET

  

  Leading hedge fund managers have hit back at calls for tougher regulation of their industry made by Gary Cohn, Goldman Sachs president, in Davos.  The Financial Times reports.

• Pension Costs Add to US States' Debt, Moody's Finds Thursday, 27 Jan 2011 | 6:40 AM ET

  

  "These costs are serious and they are growing," said Robert Kurtter, managing director of the state and local government finance group at Moody’s, according to the Financial Times.