Chris Skinner's blog

Shaping the future of finance

Things worth reading: 5th October 2009

Chris Skinner Author Avatar
by
Cisco

Things we're reading today include:

*

Today's must read

“New malware being used by cybercrooks does more than let hackers loot a
bank account; it hides evidence of a victim’s dwindling balance by
rewriting online bank statements on the fly.

New Malware Re-Writes Online Bank Statements to Cover Fraud 
(Wired)

Crisis

How the government bailout saved our banks (Times)
Run nearly broke Royal Bank of Scotland (Times)
IMF sees EU banks losing over €400 bln by 2010 (Euractiv)
UK must not let 'zombie' banks drain the economy 
(Telegraph)
Crisis leaves G7 on its last legs 
(Financial Times)
Nigeria bails out four more banks (BBC)
US economic power 'is declining' (BBC)
Financial service sector could shed 60,000 jobs this year 
(Telegraph)

Regulations

IMF Mulls a Global Bank Tax (Wall Street Journal)
Bank of England's Paul Tucker: banks should pay levy for cleaning up future crises 
(Telegraph)
Alistair Darling to weigh new tax on banks (Times)
German banks fear drive for higher capital ratios will trigger 'dramatic' contraction (Telegraph)
Investment banks set for bonus curb talks (Independent)
Ministers hit back at bankers over regulation (Financial Times)
UK to refund HSBC taxes after EU ruling(Telegraph)

Technology

What shape will the wireless Web take? (McKinsey)

*

Quote of the Day

“Is this a V recovery or a W?  It’s the latter.”
Michael Geoghegan, Chief Executive, HSBC
 HSBC chief fears a second downturn
(Financial Times)

*

The Finanser is sponsored by VocaLink and Cisco:
Cisco  
For details of sponsorship email us.

ReadingCategories
Chris Skinner Author Avatar

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...

What is the future?

Learn more

Learn more about Chris

About Chris Skinner

The Past, Present And Future Of Banking, Finance And Technology

Fintech expert Chris Skinner: countries need digital transformation to remain competitive

Join me on Linkedin

Follow Me on X!

Hire Chris Skinner for dinners, workshops and more

Learn directly from from one of the most influential people in technology, gain insights from the world's most innovative companies, and build a global network.

Chris’s latest book

Chris Skinner’s ‘Digital For Good’ Book Launch Event – CFTE

Top 50 Global Thought Leaders and Influencers on FinTech 2023

Chris Skinner
Commentator, CEO of The Finanser and best-selling author at The Finanser

Thinkers360 Thought Leader

Contact Me

Global Awards

Lifetime Achievement Award

Global 100 - 2024 Winner

Chris Skinner - Financial Markets Advisor of the Year - The Finanser - UK 2023

Best Financial Markets Advisor of the Year 2023

30 Best Regtech Blogs and Websites 2023

Kids creating the future bank | TEDxAthens

Captain Cake and the Candy Crew

Captain Cake Winner of a Golden Mom’s Choice Award

TWO-TIME WINNER OF A MOM’S CHOICE GOLD AWARD!

Alex at the Financial Services

Gaping Void's Hugh MacLeod worked with the Finanser