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Wednesday Papers: tips and comment
Sovereign credits cannot survive unless banks are recapitalised.
Markets
Other markets
The Independent
Outlook
* Diamond joins the investment bankers running Britain's banks.
* The mystical meaning of Delphic tax codes.
Investment Column
* Buy Sports Direct at 117p (+3.5p); buy Dechra Pharmaceuticals at 445p (unchanged); hold Greene King at 425.5p (-4p).
Daily Mail
* CITY FOCUS by SIMON NEVILLE: End of the line for Connaught.
* COMMENT by ALEX BRUMMER: Breaking up is hard to do for Britain's banks.
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