Peter McGill

Hopes are rising that regulators will at last sate global players' appetites for stakes of more than 50% in their Chinese securities joint ventures. Golden opportunities await.

As regulation and cost pressures hammer banks' research departments, start-up CEO Raghav Kapoor is eyeing what he calls the 'world's most beautiful opportunity'.

New European rules are turning the world of sell-side research upside down. The impact will be felt equally hard in Asia, at a time when life is tough enough for banks.