A European banking union means little unless there is greater consultation on the regulation of cross-border banking groups between home and host nations, and not just in Europe.

Governments scramble to bridge the infrastructure gap.

The UK's financial regulators are seeking to encourage more competition in the country's banking sector by making it easier to establish a new bank, but there are non-regulatory barriers as well.

Rwanda's move into the capital markets may not prove to be a wise decision.

Gary Gensler's criticisms of Libor miss the point.

The problems that have beset Cyprus this year have an all too familiar ring to them, but the post-crisis reaction to its economic problems by Iceland show how a full investigation into the causes of a financial crisis are essential to enable a new system that is fit for purpose to be established.

The Senate report into JPMorgan's 2012 losses on credit derivatives suggests new capital regulations are just making investment banking groups even more complicated to oversee. But perhaps regulatory confusion will eventually shrink 'too big to fail' banks.

Germany cannot duck its responsibility for the mismanagement of a eurozone system from which its own exporters have benefited greatly.