The centre is sponsored by the World Bank, the Canadian government, three big Canadian banks and York University's Schulich business school.

ECONOMIST: Bank regulation

But after graduating from the Schulich School of Business at York University in Canada, Mr Fekete moved to London and set up MaxBips, a website where small- and medium-size enterprises (SMEs) auction their surplus cash to banks.

ECONOMIST: Business-school entrepreneurs: In the beginning | The