Things worth reading: 9th June 2009

Things we're reading today include …

Lloyds Banking Group boosts Brown with £2.3bn bailout
repayment (Times)
Lloyds to close Cheltenham & Gloucester branches (Telegraph)
Standard Chartered's traditional approach pays off  (Telegraph)
BlackRock nears $13bn BGI deal (Financial Times)
Citi confirms plan to raise $33bn (Financial Times)
GM and Citigroup drop out of Dow (BBC)

Scottish economy will not recover until 2011 (Telegraph)
S&P cuts Ireland's credit rating as concern grows over
soaring cost of rescuing banks (Times)
Latvia budget cuts ease fears of Sweden's nervous banks (Times)

IMF tells Europe to come clean on bank losses (Telegraph)
World Bank boss sees China spurring global recovery (South China Morning Post)

In Ads, Banks Try the Warm, Cozy Approach 
(New York Times)

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