Things we're reading today include:
- George Osborne tells FSA City needs tougher laws to curb wrongdoing (The Times)
- Darling Says U.K. Endorses European Union Financial Regulator (Bloomberg)
- Almunia has Eurozone bailout plan (Euractiv)
- It's the Europhiles versus reality, and reality is going to win (Telegraph)
- Fed's Bernanke fears stagnation (BBC)
- US banks may need more bail-outs, says Ben Bernanke (Telegraph)
- Standard Chartered shrugs off gloom with 19% profit rise (Guardian)
- Lloyds has bust up with Treasury over asset protection scheme (Telegraph)
- Dresdner Kleinwort bankers threaten to sue over bonuses (Times)
- Former chairman (Hank Greenberg) sues AIG claiming losses cut his personal fortune by $2bn (Guardian)
- UBS replaces chairman Peter Kurer with former Swiss finance minister Kaspar Villiger (Telegraph)
- Why Are (Some) Consumers (Finally) Writing Fewer Checks? (Payments News)
- Gartner Says 7.5 Percent of U.S. Adults Lost Money as a Result of Some Sort of Financial Fraud in 2008 (Gartner)
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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...
