Things we're reading today include ...
Company News:
Barclays could still face anger at AGM (Financial Times)
Barclays on verge of iShare sale to CVC
(Telegraph)
ING plans to raise 8bn euros selling businesses
(Telegraph)
Berlin bids for all HRE shares
(Financial Times)
Moody’s Downgrades Berkshire (New York Times)
UK:
Bank of England Governor Mervyn King weighs case for forcing banks to split their operations (Times)
Derivatives trading crackdown begins
(Guardian)
Police crack '£35m' letter scam (BBC)
Europe:
Interview with Jean-Claude Trichet, President of the ECB, and Il Sole 24 Ore
USA:
Banks Holding Up in Tests, but May Still Need Aid (New York Times)
Questions Over Bailout for Insurers (New York Times)
U.S. Imagines the Bailout as an Investment Tool (New York Times)
Coming soon to eBay: Bernard Madoff's tickets to the Mets' new Bailout Field (Times)
Lehman Brothers’ Dick Fuld Has a New Gig (Wall Street Journal)
Asia:
A Chinese view of governance and the financial crisis: An interview with ICBC’s chairman (McKinsey)
Mobile phones pay in Malaysia
(Financial Times)
Who cares to compare (financial comparison websites in Oz) (Online Banking Review)
Industry News:
Evolution chief defends bankers' bonuses (Telegraph)
Goldman Chief Proposes Revamping Wall St. Pay (New York Times)
Technology:
Paul McCartney's website hacked to distribute malware (Macca Central)
Mobile Money Transfer:
ZAP takes a totally different agent model to M-PESA and Mobile Minute Transfers versus Mobile Money Transfer (Valuable Bits Blog)
Mobile Payments - Will the Consumers Adopt? (Telecom World)
MMT and the slowing international remittances market (Banking Technology)
IDB & Fundación Telefónica report on mobile communications & access to financial services in LatAm & the Caribbean
(Inter-American Development Bank)
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...
