Fund managers eclipse investment bankers on bonuses
Bonus payments for asset managers have eclipsed those of investment bankers for the first time, highlighting a shift in the balance of power within financial services. (FN)

LSE boss speaks out against euro-clearing shift
Xavier Rolet, chief executive of the London Stock Exchange, has warned that the European Union’s attempt to strip London of euro-denominated trade clearing could likely cost investors around €100bn. (Times)