Things we're reading today include:
Barclays’ Mideast investors cash in after six months
(Financial Times)
Sheikh Mansour has been ahead of the game on Barclays (Telegraph)
BBVA offers staff five years’ leave
(Financial Times)
Fed Said to Raise Requirements for Banks to Repay TARP Funds (Bloomberg)
Bank of America nears $34 billion 'stress test' goal (Chicago Tribune)
Citi halts severance payouts to some former execs (Bloomberg)
Morgan Stanley Buys Controlling Stake in Smith Barney
(Business Pundit)
Morgan Stanley to raise $2.2 billion in capital (Associated Press)
FSA to raise 36pc more from banks
(Telegraph)
Eurozone unemployment surges to almost one in 10
(Telegraph)
Sweden admits Lisbon Agenda 'failure' (Euractiv)
The trillion dollar question: China or America?
(Telegraph)
New Twitter Research: Men Follow Men and Nobody Tweets
(Harvard Business Review)
Quote of the Day:
"I'm not a fatalist but, even if I were, what could I do about it?"
Emo Philips
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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...
