Things worth reading: 5th June 2009

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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