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Things worth reading: 5th June 2009

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Things we're reading today include:

UK:

Aon scores own goal as staff get shirty over Man Utd sponsorship (Telegraph)
Paulson loses $165m on Barclays position (Financial Times)
Scammers divert bank phone calls (Telegraph)

Europe:

Santander plans €2.5bn preference share issue (Financial Times)
Landesbanken ready for sector consolidation (Financial Times)

European banks in spotlight as Baltic crisis hits Sweden (Telegraph)
Warning on eurozone economy dip (BBC)
ECB sharply downgrades growth forecasts for Europe (Telegraph)
Interest Rates and the EU Economy, Speech of Jean-Claude Trichet and Lucas Papademos of the ECB
Trichet rebukes Merkel as ECB and Bank stick to their policies (Independent)

Asia:

India 'to boost economic growth' (BBC)

USA:

Fraud charge for Countrywide boss
 (BBC)
Bank of America forcing out risk chief after bailout (International Business Times)
US push to curb derivatives gathers steam (Independent)
US regulator details plan for derivatives (Times)
Bernanke warns on deficit (Financial Times)

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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...

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