Chris Skinner's blog Shaping the future of finance
Things we're reading on 1st March 2009:
- Banks flock to Mandelson's £10bn fund (The Telegraph)
- State-funded banks face tax-avoidance inquiry (The TImes)
- HSBC takes £17bn hit on bad loans (The Times)
- HSBC to raise £12bn in rights issue (The Telegraph)
- HBOS ex-chief executive eyes US financial services job (The Independent)
- Gordon Brown insists the European Union is united in response to global economic crisis (The Telegraph)
- EU insists eastern Europe doesn't want bailout (Kentucky.com)
- Regulators in Nevada, Illinois Close Banks as Recession Deepens (Bloomberg)
- Bankers to Obama: Stop trashing us (Politico)
- Insurance giant AIG facing possible breakup (Miami Herald)
- Warren Buffett: ‘I was dumb in 2008’ (The Times)
Plus a couple of non-banking that are of interest:
- Innovation: How social networking might change the world (New Scientist)
- Boss with the world at his fingertips (The Telegraph)
John Chambers, CEO of Cisco, explains how the recession is driving growth of networking
