Financial Times

The Financial Times leads on China imposing a national security law on Hong Kong, a move which has been criticised by the US and European leaders.

The Financial Times reports that investment banking fees rocketed to a record $57bn in the first six months of the year, boosted by a series of lucrative debt sales during the coronavirus crisis. 

The Financial Times leads with a report about a shake-up of the civil service.

The Financial Times leads on the news that Wirecard has filed for insolvency proceedings – a week after disclosing that €1.9bn (£1.7bn) had gone missing.