Rival brokers are looking to poach the British bank's remaining HFT and prime brokerage clients now it has lopped off research and high-touch trading.

In mid-June China’s stock markets rallied to seven-year highs but by the opening days of July it had all come crashing down.

A bulldog spirit is required, says Hong Kong hedge fund manager Paul Sheehan, who puts forward a proposal for addressing the credit crisis.