A strong services sector kept the economy moving despite contraction in other sectors. Photograph: Colin McPherson for the Guardian.
The obituaries were already being written for Europe's investment banks. Many observers had presumed that they were being roundly thrashed by their healthier Wall Street rivals.
Up to the 1970s, the London Stock Exchange (LSE) was run very much as a club. Foreigners and women were not permitted to be members.
India's Tata Sons has condemned its ousted chairman Cyrus Mistry for “repeated departures from [Tata's] culture and ethos” as it hit back against his explosive written attack on the company's board and his predecessor Ratan Tata.
The financial services industry should not regret the policies put in place after the crisis, the chief executive of the Financial Conduct Authority has said.