Things we're reading today include:
- Standard Chartered says bank enjoyed a 'strong' start to the year (Telegraph)
- Barclays' price of independence (Times)
- Barclays boss sees future in small stuff (Telegraph)
- Goldman Offers Loans to Stretched Employees (New York Times)
- Citi Chief’s Compensation Was $38.2 Million for 2008 (New York Times)
- Voluntary code to make banks pay taxes could be made law (Independent)
- Zombie Banks (Breaking Views)
- Hong Kong to suffer most from G20 trade hypocrisy (South China Morning Post)
- Web creator Tim Berners-Lee duped by online fraudsters (Finextra)
- TV clash (between Jim Cramer and Jon Stewart) gets White House talking (BBC)
Meanwhile, Warren Buffet's words "Beware of geeks bearing formulas" rings in my
ears as I stand in the airport lounge today and see two cover stories:
Is this the return of bull?
Finally, if you thought Sir Fred Goodwin's pension debate was bad, AIG's bonuses farce makes it look like a walk in the park:
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...