Morning Wrap: today's top business stories

News stories from around the web.

New Statesman

Meredith Whitney to launch hedge fund (FT)

Meredith Whitney, whose bearish calls on financial stocks ahead of the credit crisis turned her into one of the most famous analysts on Wall Street, has deregistered her eponymous brokerage firm and plans to launch a hedge fund.

Eurozone debt boost for US banks (FT)

US banks that resisted pressure to sell high-yielding eurozone debt have benefited from a rally in an asset class that used to be a scarlet letter for Wall Street.

Royal Mail sale: Small investors will be favoured (BBC)

Small investors will be favoured in the privatisation of the Royal Mail, but those seeking a large stake might not get any shares, the BBC has learned.