A Conservative peer has drawn parallels between the collapse of Arch Cru and the Bernie Madoff scandal, stressing the need for the regulator to do more to protect consumers.
Guernsey Finance hopes to tempt US fund managers and advisers to Guernsey as a domicile for private equity funds business and a gateway to European capital markets.
Weak US jobs data has caused panic in global markets and forced US Treasury yields to fall to yet another record low.