Things we're reading today include:
Today's must read
Typewrite & wrong: NYPD spends $1m on relics (New York Post)
"The city is plunking down nearly $1 million on typewriters for its keystroke cops. That's right -- typewriters."
Barclays dips on fears it may need more funds (Telegraph)
Barclays and RBS 'will need billions more in capital' (Telegraph)
Deutsche bankers facing criminal charges for spying (Telegraph)
Plan to axe FSA spurs crime warning (Financial Times)
France says G20 must act on bonuses (Reuters)
US economy beginning to stabilise, says Bernanke (Telegraph)
Bernanke's future - and the Fed's (BBC)
State funded banks face asset sales under new EU rules (Guardian)
Hedge fund assets soar by $100bn (Times)
Calls growing for 'burden-sharing' on bank bailouts (Euractiv)
Money struggles to pass through banking pipe (Financial Times)
Banks Hurt More By Liar Loans Than Secondary Market Investors (Business Week)
Quote of the Day:
"If we can export cakes to France from London, who can say that the London economy is wholly reliant on financial services?"
Boris Johnson, Mayor of London
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...
