Brazillionaires
Eike Batista turned to BTG Pactual’s Andre Esteves for help last week. Beaten-down investors in Batista’s companies liked the idea. Richard Beales and Breakingviews columnists wonder why.

UK should accept own advice on bank reform
It’s a shame the British government isn’t listening to the parliamentary commission on banking standards, says Reuters Breakingviews. The suggested reforms should be implemented robustly.

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