Closing conditions

Author: | Published: 24 Feb 2014

February in numbers


Some of the more telling statistics revealed last month

$159 billion Apple's cash reserves as at Q1 2014. This makes it the same size as the world's 55th biggest economy

£474 million The total value of fines issued by the UK Financial Conduct Authority in its first nine months, which is more than seven times the total for 2011.

61% The number of German mittelstand that, according to a PWC report, would now accept a private equity investor. Just two years ago the figure was 18%.

€30 billion The minimum value of assets a bank must hold to be caught by the EU's recent proposals targeting proprietary trading. This...