Things we're reading today include ...
UK:
Count us in, maths experts tell UK regulator (Financial Times)
Bank of England's Tucker warns banks threatening recovery by not lending (Telegraph)
Britain isolated as EU tightens grip on City (Telegraph)
Europe:
EU finance ministers clash over reforms (Times)
New Irish rating downgrade hits euro (Euractiv)
Commission launches consultation on possible end-date for Single Euro Payments Area (SEPA) migration
(Europa)
Swiss mulling sale of UBS stake (BBC)
USA:
House committee subpoenas Federal Reserve (Raw Story)
What's Happening At Citigroup? (BNET)
FDIC looks to defuse Citigroup tension (Financial Times)
US banks to pay back $68bn in bailout funds (Independent)
Banks Repaying TARP to Be Freed of Bonus Curbs Imposed by Dodd
(Bloomberg)
Geithner hints at US regulatory reforms (Times)
Geithner sees ‘global storm’ abating (Financial Times)
General:
Bullion and Bandits: The Improbable Rise and Fall of E-Gold (Wired)
Quote of the Day:
"When I hear someone sigh, 'Life is hard', I am always tempted to ask, 'Compared to what?'"
Sydney Harris
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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...
