Amar Bhidé, author of "A Call for Judgment," explains how the "embrace of flawed finance" by Wall Street and politicians led to 2008's financial crisis and why there is the need for banks to return to judging risk on a "case by case" basis. - George White
Ken deRegt will retire as head of fixed income at Morgan Stanley and be replaced by Michael Heaney and Robert Rooney. For other updates launch today's Movers & shakers slideshow.