A nondescript office building in Basel, Switzerland, houses one of the most powerful commercial banks in the world. But only central bankers are allowed to pass.
Despite the recent global banking crisis, UK regulators have decided to cut down application approval times for new banks and lower the capital requirements. An American starting a bank there says this will stimulate competition.
India's finance minister has announced plans to set up the country's first ever women only bank. P Chidambaram says he hopes that it will be granted a license by October.
