Things worth reading: 9th May 2009

Things we're reading today include …

UK:

Stephen Hester (RBS): I don't see any green shoots (Telegraph)
RBS warns of 'tough' times ahead (BBC)
Pssst! RBS bill might vanish (Times)

Icap consortium bids for LCH.Clearnet (Financial Times)

Europe:

It will be twice as bad as we predicted, says Brussels (Guardian)

USA:

US banks claim line softened on $74bn (Financial Times)
(US) Banks unveil cash-raising plans (BBC)
US banks attract $11.5bn in a day (Financial Times)

Wells Fargo prices stock offering at $8.6 billion (KAAL TV)

Friedman Quits New York Fed After Goldman Purchases (Bloomberg)

JPMorgan faces SEC lawsuit (Financial Times) 

General:

25 Biggest Bank Failures in History (Business Pundit)

Saving when you earn $2 a day (Economist)