Chris Skinner's blog Shaping the future of finance
Things we're reading today include …
Companies:
FSA bans third ex-Morgan Stanley trader (Telegraph)
‘Robust’ business for Deutsche Bank (Financial Times)
PwC rejects global plan for Lehman recoveries (Telegraph)
Citigroup to hold fast in China and India (Financial Times)
Markets:
OTC derivative clearing opened to buyside (Financial Times)
Technology:
Mobile Banking Hits Mainstream in 2009 Says TowerGroup (Payments News)
Facebook worth $5bn less as recession bites (Independent)
Payoff Over a Web Sensation (Susan Boyle) Is Elusive (New YorkTimes)
140 Characters Conference, June 16-17, New York
Quote of the Day:
Not sure if we'll get one of these every day, but I thought a quote to lift each day would work for me. Today's Quote of the Day is about football managers, as it is the European Champions League Final this evening:
"There are only two types of manager. Those who have just been sacked and those who are about to be sacked."
Ben Philip
I wonder if we could apply the same to management in finance?
