Chris Skinner's blog Shaping the future of finance
Things we're reading today include:
- Taxpayer to guarantee £600 billion of toxic debt in effort to save ailing banks (The Times)
- State to insure £300bn of RBS assets (The Financial Times)
- RBS due to report record UK loss (BBC)
- £650,000 pension for former RBS chief Sir Fred Goodwin (The Times)
- Lord Turner's band of FSA brothers must tread carefully (The Telegraph)
- Bigger role sought for ECB in bank supervision (The Times)
- Oops – Top Firm (UBS) Places $31bn Erroneous Trade! (Here is the City)
- Citi faces $1bn class claim on discrimination (The Independent)
- US banks have six months to recapitalise (The Telegraph)
- Global financial crisis could put an end to the US death penalty (The Telegraph)
