Henry Kissinger is a former US Secretary of State and a frequent outside adviser to President George Bush and Vice President Dick Cheney. In 1982 he formed Kissinger Associates, a New York City-based international consulting firm, which he now runs

US financial regulators are finally talking about a switch to principles rather than rules, but UK plans to go further down that road are causing concern

New York will lose its status as a global financial centre within 10 years, if it doesn’t make some big changes fast, a new report warns