Things we're reading today include ...
UK recession may have ended in March (Telegraph)
Bank of England's Andrew Sentance says economy may be 'bottoming out' (Telegraph)
UK financial clout fades as EU pushes tighter regulation (Euractiv)
Germany approves new 'bad bank' (BBC)
ECB fears bank crisis in 2010 as recession drags on (Telegraph)
Ailing Banks Caught Between Regulators' Competing Visions (Washington Post)
US appoints executive paymaster (BBC)
‘Special Master’ Feinberg Takes on Bankers After 9/11, Vietnam
(Bloomberg)
US economic activity 'still weak' (BBC)
TARP payback may not help consumers (Fortune)
Get Ready for Inflation and Higher Interest Rates (Wall Street Journal)
Japanese shares breach 10,000 as economy shrinks less than thought (Telegraph)
Japan GDP shrinks at record pace (BBC)
G8's promise to Africa is likely to be broken, warns campaign group (Guardian)
Brazil to make $10bn loan to IMF (BBC)
Quote of the Day:
"A bore is someone who talks when you wish him to listen."
Ambrose Bierce
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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...
