Too Big To Fail

In Lagarde’s praise for India is a caution Raghuram Rajan cannot afford to ignore

Clearly, Rajan can take a lesson or two from IMF chief’s warnings to avert a repetition of west-like financial crisis.

Volcker rule may not rein in speculation in Wall Street

Time will tell how successful the Volcker rule will turn out to be. It might succeed in the short run, but I am doubtful whether it will succeed in the long term. It is worth remembering that the best brains work for the Wall Street, and they will find a way around it.

What JP Morgan's loss means for Dimon and 'big' banks

For a bank lauded for navigating the fallout from the 2008 financial crisis without reporting a loss, the errors are embarrassing, given Dimon's criticism of the Volcker rule to ban proprietary trading by big banks.