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  In pictures: People in the news this week

  This week Mervyn King and George Osborne were on the edge of their seats as the Greek parliament voted on an austerity package, Christine Lagarde became the first woman to head the International Monetary Fund and fraudster Bernie Madoff accused his sentencing judge of making him the "human piñata of Wall Street."

  Investment Banking

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  UBS analyst praises NYSE-Börse deal

  US analyst gives proposed tie-up between NYSE Euronext and Deutsche Börse a vote of confidence – predicting European derivatives will be fastest growing unit – as the mega merger approaches crucial moment

  Trading & Technology - Trading & Broking

  • Completion risk rears its head again

  • The LSE's premature match

  • Deutsche Börse and NYSE seek EU approval for merger

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  GMO's 'first chief in 30 years' has quit

  Jeremy Grantham remains chairman of the fund management firm he co-founded in 1977, but his chief executive has quit after two years

  Asset Management

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  Credit Suisse loses capital services duo

  The two are moving to the buyside with one joining Avantium Investment Management, the highly anticipated new hedge fund launch from former Deutsche Bank proprietary trader Kay Haigh

  Asset Management - People

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  European bonus rules force banks to pay higher salaries

  Differing international rules on compensation are creating an unlevel playing field

  Investment Banking - People

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  Deal of the Week: Global Ports Investments

  The container terminal operator is one of the few Russian deals to successfully list on the London Stock Exchange this year

  Investment Banking

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  Nomura's UK ECM head moves to rival

  Head of European equity capital markets, who was promoted last autumn to help Japanese investment bank secure a top 10 spot in rankings, set to join Bank of America Merrill Lynch

  Investment Banking

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  Financing teams gear up for activity

  Private Equity - People

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  The cost of friendship

  Blog

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  US delays set to lead to regulatory arbitrage

  Investment Banking

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  Spain´s first caja flotation rises on debut

  Investment Banking

Press digest

Financial News Blog

• Chart of the Day: How not to time a share buyback

• The Merrill Lynch - Nomura connection

• The cost of friendship

• Completion risk rears its head again

• Malkiel warns of 'delusional' asset managers

Asset Management

• 'Under-sung' pensions hero (and poet) takes a bow

• Paulson urged BofA to fight investor claims

• Chart of the Day: How not to time a share buyback

• More

Investment Banking

• Completion risk rears its head again

• Latin American ECM has record first half

• Nomura adds to growing oil and gas team

• More

Private Equity

• Funds of funds forced to refocus

• LDC ends spin-out speculation

• Permira veteran to retire

• More

Trading & Technology

• The LSE's premature match

• Tom given green light for derivatives push

• Ten 'Plan Bs' for the London Stock Exchange

• More